August 29th, 2023
10:00 AM - 11:00 AM PT
Imagine arriving at the office to find 20 bankers' boxes full of 20,000+ individual arbitration demands. The claims appear identical and non-meritorious. But to even get a chance to make an argument, it will cost you nearly $60 million in arbitration fees. Welcome to the world of mass arbitration - a threat affecting companies across all sectors. The plaintiffs’ bar is using sophisticated data operations and social media campaigns to sign up tens of thousands of claimants at a time, often for claims invoking statutory damages. The threat of the arbitration fees plus the statutory damages are combined to create settlement leverage, even where the claims have no merit. But we are not without a response. Join us as we discuss strategies to head off these actions and counter them when they happen.
Speakers
- Craig Cardon, Partner, Sheppard Mullin
- Kevin Cloutier, Partner, Sheppard Mullin
- Kari Rollins, Partner, Sheppard Mullin
- Jay Ramsey, Partner, Sheppard Mullin
Continuing Legal Education (CLE) Info:
- California: This activity has been approved for 1.0 hour of Minimum Continuing Legal Education general credit by the State Bar of California. Sheppard Mullin Richter & Hampton LLP certifies that this activity conforms to the standards for approved education activities prescribed by the rules and regulations of the State Bar of California governing minimum continuing legal education.
- New York: This program has been approved in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.0 credit hour which may be applied toward the Areas of Professional Practice requirement, and is suitable for both transitional and non-transitional attorneys.
- Texas: Sheppard Mullin Richter & Hampton is an accredited sponsor, approved by the State Bar of Texas, Committee on MCLE.
- Illinois: An Application for accreditation of this activity will be submitted to the MCLE Board of the Supreme Court of Illinois.
Contact Info: Please contact Shanae Wong,
shwong@sheppardmullin.com