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This presumes the company is frequently in arbitration. That is not frequently the case. With few exceptions, most companies want to (and do) avoid these kind
by hcurtiss 8y ago
This presumes the company is frequently in arbitration. That is not frequently the case. With few exceptions, most companies want to (and do) avoid these kinds of disputes. My critique of arbitration is that, under AAA rules, it's not actually much cheaper than just going to court. The only real advantage is that it cuts off appeals, but that cuts both ways. These days I find clients are relatively ambivalent about whether to include arbitration in B2B contracts.
- lovich 8y agoThe company is going to be frequently in arbitration compared to the employees because they have an agreement with every employee and the employees only have an agreement with the company. Even in your statement here, there's evidence that the arbitration agreements are only in place because the companies can force it. B2B contracts usually have _actual_ negotiation involved instead of a take it or leave type of deal. Now that they can't force the agreements they are ambivalent about whether they are included. If the arbitration agreements don't survive in contacts when both parties are on roughly equal footing and only show up when one party is much weaker, doesn't that imply that they are abusive?