What percentage of companies hire independent contractors as an arbitration specialists?

Prepwise AnswersCategory: Finance CareersWhat percentage of companies hire independent contractors as an arbitration specialists?
Career Dev Staff Staff asked 5 years ago
1 Answers
Career Dev Staff Staff answered 5 years ago

Due to the nature of arbitration, an outside party has to be called in the majority of the time. An individual has to be able to decide on matters without outside judgments and connections to the parties involved. However, some corporations choose to have an arbitration specialist on staff as a preemptive measure. To answer the question, around 70 percent are independent contractors.