Who Benefits From Mandatory Arbitration Clauses?

Who Benefits From Mandatory Arbitration Clauses? | Bart Eagle

{3:15 minutes to read} Arbitration is a form of alternative dispute resolution that can take the place of traditional litigation. Arbitration is very different than traditional litigation in court, and the process has various advantages and disadvantages. A party can only be required to submit a dispute to arbitration if all of the parties have agreed to do so – either in advance, such as in a written agreement between them, or after the dispute arises. Arbitration can provide consenting parties with an effective and desirable alternative to litigation. On the other hand, arbitration can also result in the loss of rights and safeguards to parties, many of whom would not knowingly consent to the loss of such rights and safeguards if they had a choice.

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