LITIGATION ALERT: Arbitration -- A Binding Decision
When entering into a contract, rarely is the first question that enters your mind - "When this contract is breached, do I want a jury trial, or do I want to arbitrate the dispute?" Thinking about your litigation options is not typically done at the outset of a contractual relationship except in larger transactions. Increasingly however, as both federal and state trial courts compel arbitration, perhaps it should be part of your initial evaluation before entering into contracts of any type.