An option for users to access the full range of financial administration services provided by the AAA – without full case administration. This service provides parties with all of the benefits of having an impartial, third-party manage the financial aspects of a case, thereby supporting the continued neutrality of the arbitrator.

Services

• Work with parties and arbitrator to develop time estimates
  
• For panel cases, ensure that each arbitrator’s time estimates is consistent with other panelists
  
• Prepare invoices for parties 
  
• Collect advance deposits
  
• Monitor payouts to arbitrators and track actual costs versus estimates
  
• Review arbitrator invoices before payment
  
• Provide access to draw-down accounts
  
• Manage utilization of arbitrator cancellation policies
  
• Suggest arbitrator billing best practices
  
• Act as intermediary and preserve arbitrator neutrality in connection with financial management 
  
• Provide access to AAA’s Escrow Service (for an additional fee)
  
• Allow parties to utilize AAA’s Simple Pay functionality
  
• Provide arbitrators with 1099 at year end for tax purposes
  

Click here to download the AAA Financial Administration Services Procedures.

Click here to download the AAA Financial Administration Services Agreement For Non-Administered Cases.