Updated on Dec 27, 2021 11:09 IST
Mamona Majumder

Mamona MajumderSenior Executive - Content

Arbitration Law: As per the dictionary, arbitration means “the use of an arbitrator to settle a dispute”. Therefore, similar to that, Arbitration Law means a process in which the 2 parties submit their dispute to one or more arbiters. The parties choose to solve the dispute in private rather than going to court. It is then the job of the arbitrator to solve the dispute objectively.

For example, when 2 people can not agree on the terms of the divorce, they can take the help of a 3rd party (the arbitrator) to help them negotiate. This type of agreement falls under the arbitration law.

Who is an arbitrator? An arbitrator is not a judge. Judges are answerable to only the court and law. However, an arbitrator is only answerable to the parties they are dealing with. Although arbitrators do take oaths to be fair and impartial and apply the law as do judges.

Another way to sum up the definition is a “method to solve conflict outside the court”. It is a specialisation of law that the candidates can opt for.

Arbitration Law can be pursued at UG and PG levels. Also, candidates can get a diploma or certificate degree in this specialisation.

Eligibility for Arbitration Law

To take admission to law colleges to pursue Arbitration Law, candidates have to check the eligibility of the course. The eligibility might differ from college to college. Hence the candidates must go through the required age limit, qualifications and all other details carefully.

Some basic eligibility is given below: 

  • To pursue a UG course in  Arbitration Law, candidates must pass 10+2 with minimum qualifying marks as set by the institution.
  • For admission in a PG course, candidates must have an LLB degree. If a candidate has pursued a 5-year integrated law degree, they can also apply for the PG Arbitration Law course.

NLU Delhi offers an online course in Arbitration Law. Students doing LLB, LLM, BCom, MCom, MBA, CA, CS, Lawyers, etc can apply. The certificate course of NLU Delhi is India’s first ever completely online professional course for students and professionals.

Skillset for Arbitration Law

A lawyer needs a basic skillset to ace in this profession. Arbitration Law requires some additional skills like attention to detail, good observation, sharp memory, inquisitiveness, decision making, and more. Some of the most important skill sets are as follows:

Communication Skills - A good Constitutional Law lawyer should have excellent communication skills, which can help in boosting his career.

Sharp Memory - A lawyer’s task is not just to represent his/her clients in court but also to present different facts and figures in the court. Sharp memory will help in presenting points in stating them with confidence.

Problem Solving Attitude - A lawyer should not just have a positive approach but also have a problem-solving attitude to gain the trust of his/her clients.

Some other needed skill sets are:

Confidence

Empathy

Good at research

Ability to analyse facts

Leadership skills

Ability to manage stress

Interest in technology

Fluency

Good at oral communication

Critical thinking

Ability to debate

Good decision making skills

Clarity of speech

Mental and physical stamina

Good at multi-tasking

Good observational skills

Persuasiveness

Interest in research

Interest in detail

Ability to work in a team

Unbiased

Good convincing power

Intellectual

Good judge of situation/ people

Arbitration Law Entrance Exams

Arbitration law is a specialisation of law. Candidates can pursue it at  UG and PG levels. They can get an LLB degree or LLM degree. To pursue a degree in Arbitration law candidates have to enrol in a recognised college. Colleges have different admission processes. Me colleges take admission based on entrance exam scores. Some of the law entrance exams are gien below:

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Arbitration Law Syllabus

Arbitration law syllabus can differ from college to college. Hence there is no specified syllabus, however, some basic areas that are taught in arbitrary law are as follows:

Introduction to Alternative Dispute Resolution

  • Introduction
  • Negotiation
  •  Mediation and Conciliation
  • Arbitration
  •  Communication & Role of the Paralegal

Application of ADR Methods in Different Fields & Areas

  • Settlement in Labour and Industrial Disputes
  • Different Acts and Disputes
  • Settlement laws

Arbitration & Conciliation Law & International Perspective

  • The Arbitration and Conciliation Act, 1996
  • International Developments

Practical and Fieldwork

  • This includes submission of project work on Arbitration / Mediation

Arbitration Law Scope and Salary

Arbitration law is a fast-growing practice area. It is one of the most sought practices by businesses to settle any dispute as it is private and less complicated than court proceedings. An arbitrator’s role is defending their cases, drafting legal arguments and deciding on the merits. Hence, the job is highly respectable too.

The average salary for individuals with skills for arbitration is between 9 LPA to 14 LPA as per payscale.com.

Arbitration Law FAQs

Q: What is Arbitration Law?

A: P rocess in which the 2 parties submit their dispute to one or more arbiters. The parties choose to solve the dispute in private rather than going to court. It is then the job of the arbitrator to solve the dispute objectively that is within the acceptance of the law.

Q: Does any NLU offer an Arbitration Law course?

A: Yes, NLU Delhi offers an online certificate course Arbitration Law.

Q: Can I pursue a diploma in Arbitration Law?

A: Yes PG diploma degree is offered in Arbitration Law.

Q: Can I get a degree in Arbitration Law?

A: Yes, UG / PG level degree courses are available in Arbitration Law.

Q: How is the Arbitration Law job profile?

A: It is a growing job prospect and is very sought by businesses.

Q: Are arbitrators judges?

A: No. Arbitrators are not judges. However, they take oaths to be fair and impartial and apply the law as do judges.

Q: How much salary do the Arbitrators get?

A: As per payscale.com, the salary can range from  9 LPA to 14 LPA.

Q: What does an Arbitrator do?

A:  An arbitrator's role is defending their cases, drafting legal arguments and deciding on the merits.

Q: Who can pursue the Arbitration Law?

A:  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.

Q: What is the difference between an Arbitrator and a Judge?

A: Judges are answerable to only the court and law. However, an arbitrator is only answerable to the parties they are dealing with.

Q: What skill sets are needed for Arbitration Law?

A: A lawyer needs a basic skillset to ace in this profession. Arbitrator requires some additional skills like attention to detail, good observation, sharp memory, inquisitiveness, decision making, and more

Popular Arbitration Law Colleges in India

Following are the most popular Arbitration Law Colleges in India. Learn more about these Arbitration Law colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
ICFAI Law School

ICFAI Law School

Shankarapalli, Hyderabad
4.0
1.35 L

#29 NIRF

2 L
12 LPA
1 L

Top 10 in Pune

20 K
53 K - 76 K
49 K

Popular Private Arbitration Law Colleges in India

ICFAI Law School

ICFAI Law School

Shankarapalli, Hyderabad
4.0
1.35 L

#29 NIRF

2 L
12 LPA
1 L

Top 10 in Pune

20 K
53 K - 76 K
49 K

Popular Arbitration Law PG Courses in India

Following are the most popular Arbitration Law PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

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