4 ms·
It shows the inefficiencies of the courts... whether it helps or hurts businesses or individuals doesn't matter. Not providing an efficient and sufficiently st
by MCRed 12y ago
It shows the inefficiencies of the courts... whether it helps or hurts businesses or individuals doesn't matter.
Not providing an efficient and sufficiently staffed, well run court system is the crime here... and society pays the costs while never blaming the cause.
Note the rapid rise in arbitration and arbitration agreements-- it's a private system that is far more efficient, and thus a lot cheaper to get issues decided. This is why billion dollar companies have arbitration agreements-- they can afford the lawyers for a court battle and are big enough to get heard, but they'd rather have it settled (even not in their favor) by arbitration.
- Lawtonfogle 12y agoArbitration is on the rise because one side has massive power in picking who does the arbitration, and being a private system that system has an incentive to keep the one who picks it happy so they won't change. Thus arbitration will favor the side who sets the terms of the contract.