Arbitration Law Course: Admission 2024, Fees, Eligibility, Syllabus, Exams, Scope and Salary

Arbitration Law means “the use of an arbitrator to settle a dispute”. Arbitration Law courses, available at the postgraduate level such as LLM courses or diplomas, and sometimes as certificate courses, focus on equipping students with the necessary knowledge and skills for navigating alternative dispute resolution (ADR) mechanisms, particularly arbitration. 

These programs cover essential principles governing arbitration agreements, enforcement of arbitral awards, and challenges therein, alongside procedural aspects including initiating and conducting arbitration proceedings. They delve into both domestic and international arbitration laws and practices, with specialized attention to sectors like construction, intellectual property, or international trade.

Through these programs, students develop essential research, analytical, negotiation, and advocacy skills, opening avenues for careers as arbitration lawyers, arbitrators, corporate counsel specializing in dispute resolution, or roles within arbitration institutions.

Eligibility to pursue LLM in Arbitration Law course is that one must possess an LLB or equivalent degree. Moreover, some top Arbitration Law exams are AIBE, SLS AIAT, CLAT, LSAT India, etc. Applicants, who wish to pursue Arbitration Law courses can go to top colleges such as ICFAI Law School, Chettinad School of Law, Mewar University, and The Institute of Cost Accountants of India, etc.

Arbitration Law Course Details: Highlights

An Arbitration Law course provides students with a comprehensive understanding of the arbitration process. To get a overall look at the course, refer to the course highlights table below:

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

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Arbitration Law course covers the legal principles and procedures governing arbitration, a form of alternative dispute resolution (ADR) in which two parties agree to have their dispute resolved by a neutral third party, known as an arbitrator.

An Arbitration Law course typically covers the following topics, which basically constitute the core syllabus of an Arbitration Law course :

• The nature and scope of arbitration
• The arbitration agreement
• The appointment of arbitrators
• The conduct of arbitration proceedings
• The arbitral award
• The enforcement of arbitral awards

Moreover, Arbitration law in India is governed by the Arbitration and Conciliation Act, 1996 (ACA). The ACA is a comprehensive law that covers all aspects of arbitration, from the formation of the arbitration agreement to the enforcement of the arbitral award.

The ACA is based on the United Nations Commission on International Trade Law (UNCITRAL) Model Law on International Commercial Arbitration. This has made it easier for Indian parties to arbitrate their disputes with foreign parties and to enforce arbitral awards made in India in other countries.

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Why Pursue Arbitration Law Course?

Here's why you might consider pursuing an Arbitration Law course:

• Demand for ADR: Alternative Dispute Resolution (ADR) is increasingly popular, and arbitration is a key form of ADR. Gain an edge in a growing field.
• Specialized Skills: Develop specialized skills in arbitration procedure, advocacy, and international law, valuable for legal practice and beyond.
• Diverse Careers: Pursue careers as arbitration lawyers, arbitrators, corporate counsel, or work with arbitration institutions.
• Global Exposure: Gain an understanding of international arbitration practices, opening doors to international work opportunities.

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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: 

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To pursue a degree in Arbitration law candidates have to enroll in a recognised college. Colleges have different admission processes. Many colleges take admission based on entrance exam scores. Some of the law entrance exams are given below:

NOTE: This information is sourced from the official website of the institute/exam.

Relevant Information For Arbitration Law Course:

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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:

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Arbitration law colleges typically have a strong focus on practical training. In addition to classroom instruction, many arbitration law colleges offer students the opportunity to participate in mock arbitrations and other practical exercises. Arbitration law colleges also 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.

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.

Note- The above salary has been taken from external sources, and hence may vary.

Law graduates must qualify AIBE exam to practice in a court of law in India.

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Arbitration Law Top Recruiters

Arbitration Law is a high-demand field in India, with a wide range of top recruiters seeking out qualified graduates. Graduates of arbitration law colleges are well-positioned to pursue careers as arbitration lawyers, arbitrators, and arbitration mediators.

Here are some of the most sought-after employers in the industry:

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Refer to some common FAQs for this course: