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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
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February 28, 2009
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.
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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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