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When constructing an arbitration clause in a contract, what are some important items to consider?
· Broad or narrow clause?
· Location of arbitration
· Language
· Notice provisions
· Substantive law to be used
· Rules of evidence and extent of discovery
· Arbitrators
· Procedures
· Confidentiality
· Consolidation of claims
· Interim measures
· Waiver of sovereign immunity
· Currency
· Costs and interest
· Finality
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