When structuring dispute resolution mechanisms within a contract, parties may choose to begin with mediation as a first step—aiming for an amicable settlement—while retaining the option to escalate to arbitration should a binding and enforceable resolution become necessary. Alternatively, parties may elect to proceed directly to arbitration.
In support of these varied approaches, ECAS provides a selection of model dispute resolution clauses, tailored to suit the parties’ preferred method of addressing disputes arising from their contractual relationship. These model clauses are designed to ensure clarity, enforceability, and alignment with ECAS procedures and standards.
All model clauses shall include the following information:
The number of arbitrators shall be: [Specify one or three].
The seat of arbitration shall be: [Specify city or country].
The language of arbitration shall be: [Specify Language].
The governing law of the contract is: [Specify Law].