Rule 124. Voluntary Binding Arbitration
(a) Availability: The parties may move that any factual issue in controversy be resolved through voluntary binding arbitration. Such a motion may be made at any time after a case is at issue and before trial. Upon the filing of such a motion, the Chief Judge will assign the case to a Judge or Special Trial Judge for disposition of the motion and supervision of any subsequent arbitration.
(1) Stipulation Required: The parties shall attach to any motion filed under paragraph (a) a stipulation executed by each party or counsel for each party. Such stipulation shall include the matters specified in subparagraph (2).
(2) Content of Stipulation: The stipulation required by subparagraph (1) shall include the following:
(B) an agreement by the parties to be bound by the findings of the arbitrator in respect of the issues to be resolved;
(D) the manner in which payment of the arbitrator’s compensation and expenses, as well as any related fees and costs, is to be allocated among the parties;
(3) Order by Court: The arbitrator will be appointed by order of the Court, which order may contain such directions to the arbitrator and to the parties as the Judge or Special Trial Judge considers to be appropriate.
(4) Report by Parties: The parties shall promptly report to the Court the findings made by the arbitrator and shall attach to their report any written report or summary that the arbitrator may have prepared.
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