Expand Your Practice: Arbitration Do’s and Don'ts

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Who should enroll

Appraisers who are considering expanding their practices into the area of arbitration.

Description

Arbitration presents a growing area of opportunity for valuation professionals who can serve as arbitrators, testifying expert witnesses, or consultants. Each of these three roles, and their associated responsibilities, is discussed with a focus on the function of the arbitrator. This seminar provides a thorough introduction to arbitration and explores the various ways valuation professionals can provide services competently and ethically in this growing area of practice. An in-depth look at the arbitration process, from the preliminary hearing to the final award is taken. Common arbitration scenarios and real-world examples are discussed, and sound guidance is provided to help practitioners handle the risks and challenges associated with arbitration. The seminar is a useful overview of the arbitration process and the opportunities it presents to appraisers seeking to increase their versatility and expand their practices into the interesting and rewarding area of arbitration.

Objectives
  • Know what arbitration is and how it fits into the dispute resolution process.
  • Identify which role you are filling in an arbitration.
  • Understand the responsibilities of an expert witness in arbitration.
  • Understand the responsibilities of the consulting expert in arbitration.
  • Know what disclosures should be made before being retained and during the arbitration.
  • Recognize appropriate and inappropriate (ex parte) communication.
  • Know how to start the arbitration process and how to conduct hearings.
  • Know how to decide what evidence is admissible.
  • Know how to prepare the final award.
  • Recognize the reasons for having an award vacated.
  • Understand why appraisers make good arbitrators.
  • Understand the liability risks of being an arbitrator.
Prerequisites

None.



Click below for details of state approval hours for this program

Program State Approvals
  • Attended Only:

  • Attended Only:

  • Attended Only:

    35.00
  • Attend and Pass Exam:

  • Attend and Pass Exam:

    0.00
  • Attend and Pass Exam:

  • Pass Exam Only:

  • Pass Exam Only:

    0.00
  • Pass Exam Only:

7 hours
90
No
No
N/A
Basic/Intermediate
Classroom Recommendations and Requirements None Synchronous Recommendations and Requirents
Classroom Requirements Online Education System Requirements
Synchronous Requirements
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Classroom Offerings

No offerings at this time

Synchronous Offerings

No offerings at this time

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