An arbitrator is someone who helps settle legal disputes between two parties. They are essentially a neutral person that looks over the evidence from two parties and makes a final decision. There are different types of arbitration, as many legal matters require someone to assist in resolving them. For example, family issues, sports disputes, international disputes, employment and an assortment of financial conflicts.

Arbitrators will have responsibilities that will be specific on what kind of dispute they’re working on. Still, usually, you’ll always be expected to organise and carry out meetings with both parties, refer to the appropriate laws, collect evidence, clarify notices and make an informed decision to resolve the dispute ultimately.

If you are an independent person with good attention to detail and organisation skills, this may be a great career path to consider, because arbitrators can also be self-employed. To do this successfully, however, you’ll need to network and build up your professional reputation in order to attract clients.

Ultimate Earning Potential for International Students in the UK

Position in CareerAssociated Salary (UK)
Entry Level Arbitrators who are starting out their career with not much experience will be starting on low salaries but can quickly rise up. There are no formal requirements to be an arbitrator, but since your role will be related to the law, it would be strongly recommended to have a law degree.£17,000 – £23,000
Experienced An experienced arbitrator would have an established reputation and work in the sector for a significant period of time. If they don’t have a degree, they might instead have completed a pathways programme instead, offered by The Chartered Institute of Arbitrators.£28,000 – £36,000
Senior Arbitrators in senior positions have larger amounts of responsibility and even have postgraduate degrees too. Having a masters can really boost your credibility and help you on your way to becoming a successful arbitrator.£36,000 – £65,000

Top 10 Employers

  1. Marriott International
  2. Applus UK Ltd
  3. Colt Technology Services
  4. Robert Walters
  5. Bayley & Sage
  6. Gold Group
  7. Arbitration Chambers
  8. Allen & Overy
  9. Shearman & Sterling LLP
  10. PricewaterhouseCoopers

If you are considering studying abroad why don’t you discuss your prospects and opportunities with experts at Lurnable’s dedicated study abroad counselling division LurnPathways?

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