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FastTrack
Arbitration
Modern ADR - digital & remote.
Practical, experienced Arbitrators.
Quick & affordable. Easy to use.
Practical, experienced Arbitrators.
Quick & affordable. Easy to use.
Download an overview on how FastTrack works!
Why FairClaims?
Large arbitration providers cater to big companies and corporate lawyers - their arbitrations are too complex, time consuming, and costly for the rest of us.
We're changing that.
Our FastTrack rules and technology platform can resolve disputes in around 90 days for a fraction of the cost of AAA and JAMS. It’s user friendly and simple.
Pick from a list of professional, experienced arbitrators with practical legal experience.
Email
file@fairclaims.com
to get started.
Benefits
High Quality
Our Arbitrators are carefully vetted - we only accept 7% of applicants, all experienced arbitrators.
Affordable
Flat-fee pricing and low administrative fees make us much more affordable than AAA/JAMS.
Efficient
Disputes can be resolved in three to four months from the time the arbitrator is assigned.
Fee Schedule
Additional fees may apply for conferences and other add-on services
- Dispute Amount
- < $75K
- $75K -> $250K
- $250K -> $500K
- $500K -> $1M
- > $1M
- Administrative Fee (per party)
- $375
- $375 - $1,250
- $1,250 - $2,000
- $2,000 - $3,000
- Contact Us
- Arbitrator Fee (per party)
- $1,500 (1 day hearing)
- $1,500 (1 day hearing)
- $2,500 (1.5 day hearing)
- $3,500 (2 day hearing)
- Contact Us
Pricing Examples
We can charge less but still offer quality, professional arbitrators because we automate their workflow, streamline the rules, and focus on efficiency. Email info@fairclaims.com for a sample arbitrator panel list.
| $50K Dispute | $100K Dispute | $200K Dispute | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Per Party Fee | AAA | JAMS | FairClaims | AAA | JAMS | FairClaims | AAA | JAMS | FairClaims |
| Filing Fee | $925 | $1,750 | $375 | $1,925 | $1,750 | $750 | $2,900 | $1,750 | $1,250 |
| Case Management / Final Fee | $400 | $1,080 | $0 | $688 | $1,800 | $0 | $1,100 | $3,000 | $0 |
| Arbitrator Fee (estimate) | $7,500 | $9,000 | $1,500 | $12,500 | $15,000 | $1,500 | $20,000 | $25,000 | $1,500 |
| TOTAL | $8,825 | $11,830 | $1,875 | $15,113 | $18,550 | $2,250 | $24,000 | $29,750 | $2,750 |
Our Neutrals
We screen our neutrals very carefully, only accepting ~7% of applicants.
What we look for
- Professional arbitration experience
- At least 15 years' experience as an attorney
- Integrity, neutral demeanor, relevant expertise
Screening process
- 3 preliminary interviews
- Mock arbitration in front of experienced attorneys
- Mock decision evaluation by experienced attorneys
Want to be a FairClaims neutral? Email info@fairclaims.com to apply.
Meet Some of Our Neutrals
Robert Ostrov
Current Position:
General Magistrate, Law Offices of Robert L. Ostrov
Other Experience:
28 years in private practice, Former Administrative Law Judge, Former Hearing Officer
Law School:
Fordham Law School
Deborah Masucci
Current Position:
Full Time Arbitrator & Mediator (MassuciADR), Adjunct Professor at Fordham Law School
Other Experience:
40 years in ADR, former Chair of the Dispute Resolution Sections of the NYSBA and the ABA Section for Dispute Resolution, former JAMS VP, former FINRA VP
Law School:
New York Law School
John Parker
Professional Arbitration Experience:
Henning Mediation and Arbitration Service
Current Position:
Corporate Counsel, NationBuilders Insurance Services
Other Experience:
22 years in private practice (civil litigation, insurance)
Law School:
Washington & Lee University School of Law (Cum Laude)
FastTrack Rules
Streamlined rules to resolve disputes more efficiently
About 90 days to decision from when the arbitrator is assigned
Limited discovery, remote hearings
Sample Clause
Use this sample clause in your contract or contact us for more examples
Notwithstanding the foregoing, any dispute, claim or controversy under $X in value arising out of or relating to this agreement, or the breach thereof, shall be settled by arbitration administered by FairClaims (www.fairclaims.com) in accordance with its FastTrack Rules & Procedures effective at the time a claim is made, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.
The Parties consent to electronic service of process, with service to be made to the following email addresses _____________________________ and _____________________________.
The Parties agree that, in the event of confirmation and enforcement, the delinquent party will be responsible for any attorney, court or other fees associated with such action.
