Preview Questions Arbitration Lawyer | Role Specific Skill

Question 1: How do you manage and ensure the compliance of clients with arbitration agreements and procedural timelines, especially in complex cases?

Which action should you take?

Choose only one option

By sending reminders, checking in on progress, and offering guidance to ensure clients comply with all requirements

By reminding clients only when issues arise, not proactively

By assuming clients will manage their own timelines and procedural obligations

By allowing clients to adjust timelines without considering legal consequences

Question 2: How would you handle the enforcement of an arbitral award where the enforcing court's jurisdiction has not signed the New York Convention?

Which action should you take?

Choose only one option

By abandoning enforcement and opting for further arbitration.

By directly applying for a local court enforcement order without considering jurisdictional issues.

By hoping for voluntary compliance from the losing party.

By exploring other enforcement options under local laws or bilateral treaties, if available.

Question 3: How do you manage the issue of a party's non-compliance with the arbitration agreement?

Which action should you take?

Choose only one option

By filing for enforcement through the appropriate legal channels and pursuing sanctions or penalties if necessary

By letting the tribunal decide on enforcement without further involvement

By notifying the other party but taking no further legal action

By allowing the non-compliant party to proceed without consequence

Question 4: What should be the focus of legal representation during the enforcement stage of an arbitral award?

Which action should you take?

Choose only one option

Speed up the process to avoid delay

Avoid discussing the award with the opposing party to prevent issues

Focus only on collecting the monetary award, ignoring other obligations

Ensure that the client's interests are protected, including the payment of any monetary award and adherence to any non-monetary obligations

Question 5: How do you negotiate an arbitration settlement in a highly complex commercial dispute involving multiple stakeholders?

Which action should you take?

Choose only one option

By focusing solely on your client's needs and ignoring other stakeholders.

By dismissing the concerns of minor stakeholders to expedite the process.

By excluding certain stakeholders from the negotiation to simplify the process.

By ensuring clear communication between all parties, managing expectations, and focusing on common objectives while addressing each party's concerns.

Question 6: How do you handle the issue of costs in arbitration, particularly when one party is attempting to delay the proceedings in order to increase costs?

Which action should you take?

Choose only one option

By addressing the issue with the tribunal, requesting cost sanctions, and ensuring that any delays are properly justified

By focusing only on substantive matters and disregarding procedural delays

By allowing the party to delay proceedings without taking action

By increasing the costs on both sides to balance the issue