|Rule L1315||OPTIONAL BINDING ARBITRATION|
|(a) In all cases, including those subject to compulsory arbitration pursuant to 42 Pa. C.S.A. §7361 and Rule L1301, the parties, by consent and agreement, may submit the case to binding arbitration.
(b) Those parties agreeing to binding arbitration and consenting to be bound by this Rule shall file a consent with the court in the form prescribed by subdivision (c).
(c) Form of Consent
I, ______(Name of Party)______, acknowledge that I have been fully informed of the procedures and consequences of binding arbitration and consent to binding arbitration under Rule L1315. I agree that there shall be no appeal from the decision of the arbitrators under binding arbitration absent a clear showing of fraud, misconduct, corruption, or other irregularity, which caused an unjust, inequitable, or unconscionable award by the arbitrators, or that I was denied a hearing before the arbitrators.
I further acknowledge that I have voluntarily and without undue influence or coercion executed and filed this consent.
2) The consent shall be signed by the party submitting and filing it and the attorney for the party, who shall witness the party’s signature.