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Parties may choose to include diversity as a consideration when selecting an arbitrator or arbitration panel. The below sample clause may be inserted into a contract to promote diversity in the selection of an arbitrator or arbitration panel.
Sample Clause for Arbitration Agreements and Contracts
The parties agree that, wherever practicable, they will seek to appoint a fair representation of diverse arbitrators (considering gender, ethnicity and sexual orientation), and will request administering institutions to include a fair representation of diverse candidates on their rosters and list of potential arbitrator appointees.