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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?
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aaronw597mo ago
Arbitration awards can be appealed for fraud or bias.
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noahr437mo ago
How tough is it to prove bias, @aaronw59?
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paulnguyen6mo ago
Totally agree, had a company try that bias appeal trick on me once. Felt like they made the rules just to win.
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parker_johnson7mo 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.
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