Arbitration

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 […]

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

Partnerships empower entrepreneurs to combine their resources and expertise to achieve shared goals. However, like any relationship, partnerships can face conflicts and disagreements. When you cannot resolve these disputes through informal means, arbitration may be the best alternative. By learning more about the role of arbitration in a dispute, you can make the best choice

It is very common for business contracts to contain an arbitration clause. Hoping to avoid the potential expense of trial, companies large and small often insert language into their contracts that requires both sides to take any future disputes over the agreement to arbitration instead of filing a lawsuit. If you have never been through