Determining if Mandatory Arbitration is “Fair”

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In this article, I posit that if asymmetrically held information creates an uncertainty that can’t be insured against, mandatory arbitration is a reasonable measure for the restoration of the equilibrium; it affords a flexible, efficient, timely, and cost effective method for dispute resolution and assists businesses competing in uncertain markets.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Paul Marrow, Paul Bennett Marrow, Attorney/Arbitrator | Attorney Advertising

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