As methods of dispute resolution, arbitration procedure can be varied to suit the needs of the parties. Certain specific “types” of arbitration procedure have developed, particularly in North America.
- Judicial Arbitration is, usually, not arbitration at all, but merely a court process which refers to itself as arbitration, such as small claims arbitration before the County Courts in the United Kingdom.[6]
- High-Low Arbitration, or Bracketed Arbitration, is an arbitration wherein the parties to the dispute agree in advance the limits within which the arbitral tribunal must render its award.