domain Arbitrationaid.com

[Backpacker]

Handregged, and I believe this one having decent potential... All comments welcome and appreciated.

 

[Backpacker]

∆

 

[Kate]

What's the intended business model for this domain name ?

 

[Backpacker]

What's the intended business model for this domain name ?

The busines case is substantial - way too big for me -so the domain is meant to be sold.

Arbitration per definition is:
...a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court...

A vast majority of legal disputes ends with arbitration, and there are several big players within the sector offering these services. Furthermore, almost every potential legal matter may end or start with arbitration

Hence, ArbitrationAid IMO should be attractive to key players in the market

 

[Kate]

Hence, ArbitrationAid IMO should be attractive to key players in the market

Who are they ?

 

[Backpacker]

Who are they ?

"They" are represented by any lawyer handling any dispute. A judge may for instance dismiss a case but recommend arbitration. E.g a property sale gone bad may be a case for arbitration - the same goes for spousal disputes, custody cases and so on.

*It belongs to the story that I have also registered "arbitratoraid" and"mediationaid.com" - mediation is another alternative within the same business case. "Custodyaid.com" was also registered in the heat of the "battle"

More on "they"
Large Arbitration Agencies
"Often, an arbitration agreement will designate the American Arbitration Association (www.adr.org), JAMS (www.jamsadr.com), or the National Arbitration Forum ( www.arb-forum.com) to handle the arbitration. Arbitrators on the rosters of these groups are often retired judges or practicing attorneys, although some are nonlawyers with particular expertise in an area such as construction or child custody.

These agencies typically charge a set amount or percentage of the amount in dispute as a filing fee, and an additional amount or percentage as a "case service fee." For example, if the amount in dispute is $75,000 to $150,000, an arbitration organization would typically charge about $2,250 in fees to begin the proceeding"

Independent Arbitrators
You can locate independent arbitrators and find out their fees and philosophies by looking in the phone book -- or doing an Internet search combining "arbitrator" and your location.

Getting a Lawyer's Help
Parties sometimes hire attorneys to help them through the arbitration process. If the dispute involves $10,000 or less, most individuals opt to handle the process alone, with guidance from the arbitrator or arbitration organization. Companies and retailers nearly always hire lawyers to represent their interests in arbitration. And for disputes involving $100,000 or more, both sides usually hire lawyers for help"

 

[Kate]

And what is the market like for this type of domains ?
For example, did you find any reported sales for domains that contain the keyword 'arbitration', or comparable domains ?
My thinking is that providers of arbitration services might be lawyers and the like, and thus they would rather own domain names with a broader scope, since their legal practice encompasses more than just arbitration.
See what I'm getting at ?

 

[Backpacker]

Definetely, and there are not many sales as of yet! However, I feel that this is such a big part of the practice for so many practitioners that the domain ought to have considerable potential

https://www.avvo.com/arbitration-lawyer.html
https://www.justia.com/lawyers/arbitration-mediation/california/marin-county
https://www.justia.com/lawyers/arbitration-mediation/pennsylvania
....And then for every other state...
http://www.clearlakearbitration.com/ (tons of small ones like this)

http://nyiac.org/about/
https://www.jamsadr.com/
http://www.mishconnewyork.com/services/international_arbitration_-_london

"They" are... Literally everywhere, added some links to illustrate