"Arbitration
Clauses - Proceed With Caution!
By
Robert E. Lee Wright
(Approximate reading time:
< 2 minutes)
Many businesses use
arbitration clauses in contracts and agreements hoping to save time and money.
While they are usually satisfied with the results, arbitrations can often
take many months and cost thousands of dollars, and it is nearly impossible to
overturn an unfavorable decision on appeal.
Answering the following questions will help you decide what type of
dispute resolution is best for you or your business.
1.
Is it important for you to be able to appeal a bad
decision? Carefully
selecting a qualified arbitrator can reduce the risks of an erroneous decision
and the need for an appeal. However,
if you cannot tolerate the risk of an erroneous decision, arbitration is
probably not for you because it is nearly impossible to appeal an unfavorable
award. Instead, consider first
using “facilitative mediation” to resolve disputes, and then letting the
courts decide any remaining issues. This
way you can appeal an unfavorable ruling to a higher court.
2.
Are you willing to let an arbitrator decide what is
fair? In
both arbitrations and trials you rely on someone else, the arbitrator, judge or
jury, to decide the issues in dispute. If
you want to keep control over the result, consider using mediation instead,
since you can refuse to settle unless the agreement is fair to you.
Of course, since your opponent must also agree, you may not resolve your
dispute, but the odds are in your favor. Nationally, over 75% of mediations end
in agreement.
3.
Is the cost of the dispute resolution process
important to you? Arbitration is usually
faster and less expensive than a trial, so if you are not concerned about an
appeal, it is an excellent option. You
may also consider first using a mediator to help resolve the dispute and then
letting an arbitrator decide any unsettled issues.
Because most mediations are concluded in a single day, it usually entails
a fairly nominal investment and may save you thousands of dollars later, since
any issues resolved in mediation will not require further legal services to
present them in arbitration (or trial).
Before signing an agreement
that provides for alternative forms of dispute resolution, be sure to review it
carefully with the following in mind:
If
privacy and confidentiality are important to you, make sure the agreement
provides for it. If you choose
arbitration, make sure that your agreement to arbitrate provides that the record
and the award will remain confidential
and that the arbitrator may not be called to testify. Likewise, if you decide to use mediation, alone or in tandem
with arbitration, be sure the agreement to mediate states that the process is
private and that any agreements will be kept confidential.
(Unlike arbitration, most courts have rules like Michigan’s that
prevent a mediator from ever being called as a witness and keep everyone from
testifying about matters disclosed in the mediation.)
An
alternative dispute resolution clause may not keep you out of court.
Earlier this year the U.S.
Supreme Court ruled that a valid arbitration clause in an employment agreement
could not prevent the EEOC from pursuing employment discrimination claims
against an employer, even though it would have prevented the employee from
pursuing those same claims in court. While
the rationale of this case would seem to apply to any form of dispute resolution
mandated by an agreement between private parties, it is unclear whether courts
will extend it to mediation.
Totally
one-sided agreements will probably not be enforced. For instance, an Alabama court recently ruled that
an arbitration clause giving one party the sole right to pick the arbitrator was
“unconscionable” and voided the arbitration agreement, allowing the case to
proceed to trial instead of arbitration.
Choosing
an organization that charges fees based on the amount in dispute to conduct the
arbitration can be expensive. A
less costly alternative is to mutually agree on an arbitrator and either adopt
published rules or simply let the arbitrator select the rules for the
arbitration.
Using
multiple arbitrators may provide a better result than relying on a single
arbitrator. Under
the theory that two heads are better than one and are less likely to be misled,
a panel of three arbitrators may help to ensure a better result.
How
may we help? Discussing
your options before agreeing to arbitration could save you thousands of dollars
down the road. If you would like
assistance with provisions for arbitration, mediation or other dispute
resolution options, please contact us. We
can also help you select a qualified arbitrator or mediator.
For
assistance, simply click on the following link (or put it in your address book
and send us a message): Bob@thepeacetalks.com.
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We hope you find this
information useful. Either way, we
value your feedback. Please let us
know what you think by sending us a message.
GRLIB:420259.1\098718-00006
05/10/02