Choi, Stephen J.; Fisch, Jill E.; Pritchard, Adam C. - 2013
We study the role of attorneys as arbitrators in securities arbitration, using a dataset of 422 randomly selected … arbitrators and their 6724 arbitration awards from 1992 to 2006. We find that arbitrators who also represent brokerage firms or … relation between representing brokerage firms and arbitration awards remains significant even when we control for political …