Best Schools for Arbitrators in 2024

Best Schools for Arbitrators in 2024

Ranked #1 for Arbitrators in 2024

Columbia University in the City of New York

New York, NY4 Years

School Type: Private Nonprofit

Website: www.columbia.edu/

Accredited By: Middle States Commission on Higher Education

Program Information:

Cost per Credit:

In-State: $63,530
Out of State: $63,530

Graduate Overall Median Earnings:

$83,776

Ranked #2 for Arbitrators in 2024

University of Southern California

Los Angeles, CA4 Years

School Type: Private Nonprofit

Website: www.usc.edu/

Accredited By: Western Association of Schools and Colleges Senior Colleges and University Commission

Program Information:

Cost per Credit:

In-State: $61,503
Out of State: $61,503

Graduate Overall Median Earnings:

$72,478

Ranked #3 for Arbitrators in 2024

Pepperdine University

Malibu, CA4 Years

School Type: Private Nonprofit

Website: www.pepperdine.edu/

Accredited By: Western Association of Schools and Colleges Senior Colleges and University Commission

Program Information:

Cost per Credit:

In-State: $59,702
Out of State: $59,702

Graduate Overall Median Earnings:

$59,226

Ranked #4 for Arbitrators in 2024

Syracuse University

Syracuse, NY4 Years

School Type: Private Nonprofit

Website: https://www.syracuse.edu/

Accredited By: Middle States Commission on Higher Education

Program Information:

Cost per Credit:

In-State: $57,591
Out of State: $57,591

Graduate Overall Median Earnings:

$61,077

Ranked #5 for Arbitrators in 2024

Fordham University

Bronx, NY4 Years

School Type: Private Nonprofit

Website: www.fordham.edu/

Accredited By: Middle States Commission on Higher Education

Program Information:

Cost per Credit:

In-State: $56,161
Out of State: $56,161

Graduate Overall Median Earnings:

$63,774

Ranked #6 for Arbitrators in 2024

Marquette University

Milwaukee, WI4 Years

School Type: Private Nonprofit

Website: www.marquette.edu/

Accredited By: Higher Learning Commission

Program Information:

Cost per Credit:

In-State: $45,766
Out of State: $45,766

Graduate Overall Median Earnings:

$61,604

Ranked #7 for Arbitrators in 2024

Creighton University

Omaha, NE4 Years

School Type: Private Nonprofit

Website: https://www.creighton.edu/

Accredited By: Higher Learning Commission

Program Information:

Cost per Credit:

In-State: $44,524
Out of State: $44,524

Graduate Overall Median Earnings:

$59,761

Ranked #8 for Arbitrators in 2024

Nova Southeastern University

Fort Lauderdale, FL4 Years

School Type: Private Nonprofit

Website: www.nova.edu/

Accredited By: Southern Association of Colleges and Schools Commission on Colleges

Program Information:

Cost per Credit:

In-State: $34,570
Out of State: $34,570

Graduate Overall Median Earnings:

$48,167

Ranked #9 for Arbitrators in 2024

Cardinal Stritch University

Milwaukee, WI4 Years

School Type: Private Nonprofit

Website: https://www.stritch.edu/

Accredited By: Higher Learning Commission

Program Information:

Cost per Credit:

In-State: $34,762
Out of State: $34,762

Graduate Overall Median Earnings:

$47,325

Essential Education to Become an Arbitrator

Becoming an arbitrator requires a solid foundation of education and training. Here’s what you need to focus on if you’re aiming to enter this field:

Understand the Minimum Education Requirement

  • Most arbitrators hold at least a bachelor’s degree. This is considered the minimum educational requirement to get started.
  • While there is flexibility in the field of study, certain degrees can give you an edge, such as those in law, business administration, or conflict resolution.

Consider a Law Degree

  • A significant number of arbitrators have a background in law. Holding a Juris Doctor (JD) degree can be particularly advantageous.
  • A law degree not only provides a deep understanding of legal principles and procedures but also equips you with critical thinking and negotiation skills essential for arbitration.

Specialize in Relevant Areas

  • Specializing in fields related to arbitration during your undergraduate or graduate studies can enhance your qualifications. Consider concentrating on:
    • Conflict resolution
    • Negotiation techniques
    • Mediation
    • Business or commercial law
    • Labor relations

Gain Practical Experience

  • Practical experience in a related field can be invaluable. Look for internships or volunteer opportunities in mediation centers, law firms, or through court programs.
  • Participating in mock arbitration sessions or competitions, often available in law schools, can provide hands-on experience.

Obtain Certification

  • While not always mandatory, certification can demonstrate your commitment and expertise to potential employers or clients. Check for certification programs offered by reputable organizations such as the American Arbitration Association (AAA).
  • Certifications often require a combination of education, experience, and passing an examination.

Continuing Education and Training

  • The field of arbitration is dynamic, with laws and procedures constantly evolving. Engage in continuous learning through seminars, workshops, and advanced courses to stay updated.
  • Joining professional associations can provide access to resources and networking opportunities for ongoing development.

Remember, the path to becoming an arbitrator involves not just formal education but also practical experience and a commitment to continual learning. Specializing in areas directly related to arbitration and gaining relevant experience will set the foundation for a successful career in this field.

Arbitrator Education Resources

Professional Associations

Becoming an arbitrator often starts with understanding the field and connecting with professionals who are already part of it. Joining a professional association can provide you with invaluable resources, networking opportunities, and insights into the profession. Here are some associations you should consider:

Industry Publications

Staying informed about the latest trends, research, and developments in arbitration is crucial. Here are some publications that will help you stay on top of industry news:

  • Dispute Resolution Magazine: Published by the American Bar Association, this magazine offers insights into the latest trends and developments in dispute resolution. Dispute Resolution Magazine
  • Arbitration International: This journal provides in-depth articles on international arbitration. Arbitration International Journal
  • Journal of Conflict Resolution: Focusing on conflict resolution broadly, this journal includes pieces relevant to arbitrators. Journal of Conflict Resolution

Educational Platforms

In addition to traditional degree programs, online platforms offer courses and certifications that can be valuable for aspiring arbitrators:

Books

Reading books written by experienced arbitrators or about arbitration can provide deeper insights into the field:

  • Getting to Yes: Negotiating Agreement Without Giving In by Roger Fisher and William L. Ury
  • The Handbook of Dispute Resolution edited by Michael L. Moffitt and Robert C. Bordone

Career.Guide

For those looking to delve even deeper into what it takes to become an arbitrator, including educational requirements, skill development, and career pathways, Career.Guide is an excellent resource. We provide detailed guides, expert advice, and real-world insights into making a career in arbitration:

By leveraging these resources, you can gain a thorough understanding of what it takes to succeed in the field of arbitration and take meaningful steps towards achieving your career goals.

Arbitrator Education FAQs

What educational background is needed to become an arbitrator?

Becoming an arbitrator typically requires a strong foundation in law or the specific field in which you intend to arbitrate. Here’s what you generally need:

  • Bachelor’s Degree: This is the minimum educational requirement. Your major might vary, but degrees in law, business administration, or conflict resolution can be particularly beneficial.
  • Law Degree or Master's Degree: Many arbitrators have a Juris Doctor (JD) or a master's degree in a relevant field such as conflict management, arbitration, or a specific industry-related discipline.

Are there specific courses or subjects I should focus on?

Yes, focusing on certain courses can equip you with the necessary skills and knowledge. Consider including the following in your studies:

  • Conflict Resolution: Courses that teach negotiation and mediation techniques.
  • Law: Understanding legal principles, especially those relevant to your area of interest (e.g., labor law, commercial law), is crucial.
  • Ethics: Courses that cover ethical considerations in decision-making processes.
  • Communication: Strong verbal and written communication skills are essential for an arbitrator.

Is certification required to practice as an arbitrator?

While not always mandatory, certification can enhance your credibility and opportunities in the field. Here are some points to note:

  • Voluntary Certification: Organizations like the American Arbitration Association offer certification programs that can bolster your qualifications.
  • Continuing Education: Most certifications require ongoing education to stay current on arbitration practices and laws.

What skills and qualities are important for an arbitrator?

In addition to formal education, certain skills and qualities can help you succeed:

  • Impartiality: The ability to remain neutral and unbiased is fundamental.
  • Analytical Skills: You must analyze information, laws, and evidence critically to make reasoned decisions.
  • Listening Skills: Being an effective listener helps in understanding all sides of the dispute.
  • Decision-Making Ability: The core of arbitration is making fair decisions based on the evidence and arguments presented.

How can I gain practical experience in arbitration?

Practical experience is invaluable. Here’s how you can gain it:

  • Internships: Look for opportunities to intern with experienced arbitrators or organizations that handle arbitration.
  • Mock Arbitrations: Participate in or observe mock arbitrations to understand the process and develop your skills.
  • Networking: Join professional associations related to arbitration to connect with practitioners and learn from their experiences.
  • Workshops and Seminars: Attend these events to stay informed about current trends and practices in arbitration.

By focusing on these areas, you can build a solid foundation for a career as an arbitrator. Remember, continuous learning and professional development are key to success in this field.

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