2007 International Conference Washington, D.C. ~ November 7-9, 2007 “ LET’S ARBITRATE! IT’S FAST, CHEAP AND FAIR, RIGHT?” THURSDAY, NOVEMBER 8, 2007 TIME: 3:45 P.M.

Let’s Arbitrate Panel Members MODERATOR: Randall A. Miller, Partner Sedgwick, Detert, Moran & Arnold P. JEAN BAKER, District Vice President American Arbitration Association KATHY JACOBSON, Senior Vice President Seabury & Smith EDITH MATTHAI, President & Managing Partner Robie & Matthai, PC MICHAEL MERLO, Senior Vice President & Chief Counsel Aon (Bermuda) Ltd.

INTRODUCTION  What are we going to be talking about?

Format of Session Question/Answer We encourage questions!

BACKGROUND OF ARBITRATION Why are we here?

BACKGROUND OF ARBITRATION (cont’d) Rise of arbitration

BACKGROUND OF ARBITRATION (cont’d) FINRA (FORMERLY NASD) ARBITRATION

BACKGROUND OF ARBITRATION (cont’d) International Arbitration

BACKGROUND OF ARBITRATION (cont’d) Professional Liability and Miscellaneous Arbitrations

BACKGROUND OF ARBITRATION (cont’d) American Arbitration Association

BACKGROUND OF ARBITRATION (cont’d) Propriety of Contractual Arbitration Provisions

BACKGROUND OF ARBITRATION (cont’d) BACKGROUND OF ARBITRATION (cont’d) Drafting Issues

BACKGROUND OF ARBITRATION (cont’d) Are the provisions enforceable ?

BACKGROUND OF ARBITRATION (cont’d) BACKGROUND OF ARBITRATION (cont’d) Insurance implications

Should I be in Arbitration?

Should I be in Arbitration? (cont’d) What are the differences between arbitration and conventional State/Federal Court litigation?

Should I be in Arbitration? (cont’d) Structure of arbitration

Should I be in Arbitration? (cont’d) Choosing Arbitrators

Should I be in Arbitration? (cont’d) Number Specialized expertise

Should I be in Arbitration? (cont’d) Rules of Procedure

Should I be in Arbitration? (cont’d) Discovery

Should I be in Arbitration? (cont’d) Law/Motion

Should I be in Arbitration? (cont’d) Should I be in Arbitration? (cont’d) Confidentiality

Should I be in Arbitration? (cont’d) Joinder of other parties

Should I be in Arbitration? (cont’d) Cost

Should I be in arbitration? (cont’d) Time

Should I be in arbitration? (cont’d) Finality of award Reasoned awards

Should I be in Arbitration? (cont’d) Finality of award Res Judicata

Should I be in Arbitration? (cont’d) Finality of award Appealability

Should I be in Arbitration? (cont’d) Finality of award Enforceability

Is Arbitration Fair?

SO, WHERE DO WE END UP?

CLOSING REMARKS