Law

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.

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.

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.

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.

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:

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.

Arbitration Law Courses focus specifically on alternative dispute resolution mechanisms, particularly arbitration, whereas traditional law courses cover a broader range of legal subjects.

Yes,  some Arbitration Law Courses offer specialisation options or elective courses that allow students to focus on specific areas of arbitration, such as construction arbitration or international trade arbitration.

Eligibility criteria vary depending on the institution and the specific course LLM programs generally require candidates to have a Bachelor of Laws (LLB) degree or equivalent qualification, while Diploma or certificate courses may have different eligibility criteria, such as relevant work experience.

Arbitration law is an area of law that deals or relates with the determination of 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.