Generally anyone can call herself an arbitrator. There are no certifications or qualifications. Many retired or former judges hold themselves out as arbitrators. You can choose a priest, a rabbi or other spiritual leader, or anyone else to arbitrate a dispute. The only general requirement is that both parties agree to the person. However, in many fields the arbitrators traditionally chosen are themselves experts in the business. In labor and employment law there are professional arbitrators who have developed the confidence of labor, management, and lawyers over many years of practicing.
Sometimes an arbitration clause may specify qualifications of potential arbitrators. For example, reinsurance arbitration clauses typically require that the arbitrators be selected from among current or former officers of insurance companies.
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