What is Arbitration Law?: Course Fees 2026, Subjects, Top Colleges, Admissions

This area of law deals with the cases outside the common courts. In arbitration, the two or more people will allow another person to determine the solution to a problem that they had despite agreeing that such a person has the power to determine the outcome of that matter. Arbitration is normally preferred to litigation because it takes less time for the case to be solved and is cheaper.

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Law courses

One can pursue this course if he or she resonates with its aspects mentioned in the list below -

• Alternative Dispute Resolution is increasingly popular, and arbitration is a key form of ADR. 
• Arbitration procedure, advocacy and international law are valuable for legal practice and beyond.
• Arbitration lawyers, arbitrators, corporate counsel or work with arbitration institutions are some job profiles in this domain.
• Helps in gaining an understanding of international arbitration practices leading to international work opportunities.

Source - Multiple external/ official sites on the web, hence the info may vary.

LLM in any specializations require a Bachelor of Laws LLB or equivalent while Diploma or certificate courses may have different eligibility criteria, such as relevant work experience.

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LLM courses

Students doing LLB,  LLM,  BCom,  MCom,  MBA,  CA, CS, Lawyers, etc. can apply for certificate courses. However,  for UG degree candidates must be 10+2 passed. For a PG degree, candidates must have an LLB degree.

Generally those who score 90 and above have more chances of getting admission into one of the best law colleges in Maharashtra. 

The top-most Law entrance exam in India is considered CLAT (Common Law Admission Test) because it provides admission to the NLUs in India. After CLAT, AILET (All India Law Entrance Test) is another top exam conducted by NLU Delhi. SLAT (Symbiosis Law Aptitude Test) is another exam to offer admission to the UG Law programme at Symbiosis.
Apart from these, CUET, CUET-PG, APLAWCET, TSLAWCET, TS PGLCET, etc., are also conducted for Law courses at the state level. 

Though the arbitration law itself is a law specialization, one can specialize in domains like construction arbitration, international trade arbitration Maritime law, etc through electives if offered during your law course or further studying these domains in research, PhD. or LLD.

Yes, there are electives in Arbitration Law, especially at LLM levels within specialised courses including:

International Commercial Arbitration
Investment Arbitration (Investor-State Dispute Settlement - ISDS)
Construction Arbitration
Maritime Arbitration
Intellectual Property Arbitration
Energy Arbitration
Banking and Finance Arbitration
Now, choosing which one is right for you depends on your career goals:

If you are aiming to career as arbitrator, then focus on procedural aspects, arbitrator ethics, and different types of arbitration (commercial, investment).

If you want to become an arbitration counsel then you should prioritise  drafting, advocacy, evidence & enforcement.

Or, if you want to work in-house for a multinational corporation, then you should choose courses like international commercial arbitration and dispute avoidance. 

Arbitration law colleges often have relationships with arbitration institutions and law firms, which provides students with opportunities for internships and externships.

The tables mentioned below cover the top colleges providing Arbitration Law courses:

Note- This information is sourced from the official website/ counselling body and may vary.

Judges are answerable to only the court and law. However, an arbitrator is only answerable to the parties they are dealing with. Some of the more comparison points are mentioned below:

Source - Multiple external / official sites, data may vary.

Graduates of Arbitration Law Courses can pursue various career paths, including arbitration lawyers, arbitrators, corporate counsel specializing in dispute resolution, or roles within arbitration institutions.

According to legal resources in India, the maximum amount payable to an arbitral tribunal (which can consist of one or more arbitrators) is capped at INR 30 lakhs  (approximately $37,200 USD) as per the Fourth Schedule of the Arbitration and Conciliation Act, 1996. However, it's important to remember this is a ceiling, not a standard fee.

Students enrolled in Arbitration Law Courses may explore emerging trends in arbitration, such as online dispute resolution, investor-state arbitration, and the use of technology in arbitration proceedings.

Arbitration Law Courses equip students with specialised knowledge and skills in alternative dispute resolution, addressing the growing demand for professionals in this field and contributing to the development of the legal profession in India.