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Best Practices: Drafting Fair, Efficient and Enforceable Arbitration Agreements



by Evan M. Tager
Mayer Brown LLP - Washington Office

Archis A. Parasharami
Mayer Brown LLP - Chicago Office

April 29, 2008

Previously published by LexisNexis® Martindale-Hubbell® Counsel to Counsel Magazine on May 2008

Situation: Arbitration provisions in standard consumer and employment contracts provide a simple and informal way to resolve relatively small disputes. Consumers and employees benefit from a quick, inexpensive and convenient resolution. The business achieves greater certainty and lower legal costs by reducing the risks from litigation and, in particular, lawyer-driven class action lawsuits that do little to benefit the putative clients.


 

The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.
 

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