ARBITRATION IS A DEFENSE WEAPON
Why do businesses and corporations want arbitration and not trials? There are a number of reasons, which include some of the following: Lower damage awards No jury & arbitrators are statistically more conservative Elimination of class actions. Most arbitration clauses require individual claims & bar class or collective actions. This converts one systemic wrong → hundreds of small, uneconomic claims, avoiding massive exposure → scattered, manageable costs. Repeat-player advantage Corporations appear in arbitration repeatedly, are familiar to arbitration providers, and…