FICA offers a dispute resolution clause and standard rules. These rules, whilst offering a cogent framework, can be adapted to the particular needs of parties.
Parties may adopt any dispute resolution clause which, while clearly flexible, provides a clear route through any dispute that may arise. This clause does not require the input of a genius when inserting it into a contract. It requires common sense. Which language, shall we use? With which law are we most comfortable? Are we aware of the differences between the law of the contract and the law of the arbitration proceedings? FICA urges dominant parties not to adjust a model clause so that it is weighted heavily in favour of the dominant party.