Arbitration clauses in contracts: my big flip after getting burned

I always put arbitration in my agreements to skip the court hassle. Then I had a case where the ruling felt totally off and there was no way to appeal. Some folks say it's still the best for speed, but I think it can be too risky. How do you all deal with this clause in your papers?

3 comments

3 Comments

aaronw595d ago

Arbitration awards can be appealed for fraud or bias.

noahr434d ago

How tough is it to prove bias, @aaronw59?

parker_johnson4d ago

Notice how often we trade control for convenience, like with arbitration clauses. Even with @aaronw59's point about appeals, it feels like closing the barn door after the horse bolts.