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November 12, 2010
Accelerated Commercial Arbitration Rules: A Constraint on Law Firm Wankfests.
CPR's are barely 15 months old. They're Global. Agile. Mobile. Flexible. And deliberately Hostile to making attorneys the main event. They are Aggressive--we are all free to use them to conduct arbitrations as they were originally intended to be conducted and "get it done". Make closure a priority--and even a success. Put a brake on lawyer Wankfests.
No, you won't starve. Tell your clients about them. Get them in contract clauses. See "Global Rules For Accelerated Commercial Arbitration (effective August 20, 2009)" by the NYC-based CPR Institute. They are custom-built for higher stakes disputes under business-to-business contracts.
Best two features: (1) The default position is a sole (one) arbitrator. (2) Arbitrators should make award ASAP and in any event within six months of formation of the tribunal.
![CPRLogo[1].gif](http://www.whataboutclients.com/archives/CPRLogo[1].gif)
Posted by Holden Oliver (Kitzbühel Desk) at November 12, 2010 12:00 AM