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Arbitration is way more expensive than court. The up front fees to a business are $3,400 for AAA. Sometimes more. This does provide an incentive for a business
by dd36 8y ago
Arbitration is way more expensive than court. The up front fees to a business are $3,400 for AAA. Sometimes more. This does provide an incentive for a business to settle a small dollar claim quickly.
- marcoperaza 8y agoArbitration is much faster though, which means less attorney’s fees. That is where the cost really is.
- dd36 8y agoNot in my experience. It took 7 months for the AAA to appoint an arbitrator. And, often the companies refuse to pay the upfront fees, which drags things out. See Uber.