The Arbitration Opt Out — Sophisticated companies typically include arbitration clauses in their standard-form consumer contracts to make it more difficult for consumers to seek relief in the event of a dispute. Although touted as a quicker and less expensive alternative to litigation, arbitration forces consumers to shell out thousands of dollars in upfront administrative […]
The Arbitration Opt Out Read More »
Organizations operating on a business-to-business model sell services, materials or products to other companies. Businesses can be a more consistent source of revenue than retail customers, in part because it is common practice to commit to specific contractual arrangements. Unfortunately, even when a company has thorough contracts in place, other parties may fail to fulfill
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There are instances when individuals may feel dissatisfied with the services they receive from legal professionals. When these grievances reach a certain level, they may lead to legal malpractice claims. However, for anyone wishing to pursue a legal malpractice claim, it is important to understand the elements that constitute it. Attorney-client relationship Proving legal malpractice
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As an entrepreneur, selling your company can be a monumental achievement, signifying years of hard work and dedication. However, the euphoria can quickly fade if the buyer fails to follow through on their commitments, leaving you in a precarious situation. In such instances, it is important to stay composed and explore viable options to protect
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Arbitration has become a popular method for resolving business disputes, offering an alternative to traditional court proceedings. In fact, the Economic Policy Institute reported that nearly 54% of private-sector, nonunion employers and 65% of companies with more than 1,000 employees have mandatory arbitration procedures. Arbitration involves an independent arbitrator who listens to both sides of
4 common misconceptions about business arbitration Read More »