Arbitration allows disputes to be settled out of court, in front of a neutral arbitrator, sooner and more quickly than in court and with less procedural hassle. The flip side is that the parties give up some of their rights, and the results are often confidential and don't serve as precedent for later arbitrations. When it comes to disputes between companies, arbitration is often the right approach.
Arbitration Takes a Beating
Arbitration Takes a Beating
Arbitration Takes a Beating
Arbitration allows disputes to be settled out of court, in front of a neutral arbitrator, sooner and more quickly than in court and with less procedural hassle. The flip side is that the parties give up some of their rights, and the results are often confidential and don't serve as precedent for later arbitrations. When it comes to disputes between companies, arbitration is often the right approach.