Arbitration is meant to be an alternate to litigation. Yet arbitration is itself the subject of much litigation over who must arbitrate, what must be arbitrated, whether and how the arbitration should proceed, and the deference courts must show to arbitration awards. This blog is intended to be a resource for litigators, in-house counsel, arbitrators and anyone else who wants to stay on top of the many thorny issues that arise under the Federal Arbitration Act. Our Bloggers →

Arbitration Information

New Stats From The AAA

By Liz Kramer | June 29, 2016 in Year In Review

The American Arbitration Association (AAA) has not released statistics for years (other than to the CFPB). But recently, arbitration geeks got a summer solstice gift of (limited) new information.

The piece is only three pages, short enough to read during a commercial break, but here are some key numbers to know:

  • In 2015, 8,360 new business-to-business (B2B) arbitrations were filed. That figure includes commercial cases, construction, and executive employment disputes;
  • The claims and counterclaims made in those B2B arbitrations in 2015 totaled over $16 billion;
  • As a point of comparison, there were 25,024 private contract disputes filed in all the federal courts in the U.S. in the year ending March 2015;
  • The industries with the fastest increasing arbitration caseloads are transportation, commercial insurance, entertainment/media, and pharma/biotech; and
  • 56% of the B2B cases in 2015 were resolved prior to award.

What I take away from this is that there is still a significant percentage of business disputes being resolved in arbitration, and more of them get all the way to an award than is true in court litigation.