$58k $58k
8k 8k
9.2% 9.2%
3.6/5 3.6/5
Bachelors Bachelors

Arbitrator Job Outlook

There are currently an estimated 8,400 Arbitrators in the United States. The Arbitrator job market is expected to grow by 9.2% between 2014 and 2024.

Arbitrator Employability Rating

D Sokanu rates Arbitrators with a D employability rating, meaning this career should provide weak employment opportunities for the foreseeable future. Over the next 10 years, it is expected the US will need 2,000 Arbitrators. That number is based on 800 additional Arbitrators, and the retirement of 1,200 existing Arbitrators.

Demand for Arbitrators

Because many arbitrators and mediators work for state or local government, budgetary constraints will limit demand, as will this occupation’s low turnover rate. However, as arbitration and other dispute resolution methods are generally faster and less expensive than trials, marginal growth will occur in the field. Furthermore, jobs may be created as an increasing number of jurisdictions implement mandatory dispute resolution programs to reduce litigation. Economic downturns, which typically increase the need for mortgage mediation, may result in added openings for job seekers. Although many arbitrator positions do not require university level education, overall weak employment opportunities suggest that job candidates with a law degree will significantly increase their prospects, as conflict resolution very often involves legal issues. In addition, those who obtain credentials from the American Arbitration Association by completing an approved program of education and apprenticeship are likely to further increase their marketability.

Supply of Arbitrators

The Arbitrator industry is concentrated in California, Texas, and Florida.

Arbitrator Job Market by State

State name Employed Arbitrators
California 1,050
Texas 510
Florida 430
New York 430
Arizona 410
Pennsylvania 330
Michigan 270
Illinois 190
Georgia 160
Ohio 150
Washington 140
Minnesota 140
Wisconsin 130
Massachusetts 110
North Carolina 100
Maryland 90
West Virginia 80
Puerto Rico 80
Tennessee 70
Indiana 70
Missouri 70
Oregon 60
Iowa 60
Kansas 50
South Carolina 50
Colorado 50
New Jersey 50
Montana 40
Alabama 40
Louisiana 40
Hawaii 30
Maine 30
Arkansas 30

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