Perspective
Jul. 14, 2010
Arbitration: Beware of The Unintended Risks
Mistakes happen. However, when an arbitrator makes a mistake, even clear errors of law, there is little that can be done to fix the decision, warn Larry C. Russ and Michael S. Brophy of Russ August & Kabat.
Arbitrators are human and occasionally make mistakes. When mistakes are made, even clear errors of law, there is little that can be done to overturn an arbitrator gone wild.
The legal community has focused a great deal in the last few years on companies' efforts to expand the scope of contractual arbitration provisions. Both large and small companies have attempted to compel costly disputes to arbit...
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