Also called: Private Judge, Labor Arbitrator
A neutral expert who hears both sides of a dispute and makes a binding decision, like a private judge.
Arbitrators decide cases outside of court, such as baseball salary disputes, union grievances, or international business fights. They hold hearings in conference rooms and write decisions. Many are experienced lawyers.
Top commercial arbitrators earn far more per case.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Professional degree (MD, JD, DVM…), about 12 years after high school. Usually a JD and years of experience in the field being decided.
Ways in: 4-year college, Professional school. Training cost: Over $150k.
Majors to look at: Labor Relations, Political Science, Economics, Business.
Growing faster than average (about 5% over 10 years). BLS arbitrators, mediators, and conciliators (approx.).
Low risk for 10 years. AI can summarize evidence and briefs; parties choose arbitrators for trusted human judgment, usually after long careers.
Classes: AP U.S. Government, Economics, Speech and debate, AP English Language.
Official data: O*NET occupation 23-1022.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.