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Jan. 6, 2016

CFPB's resolution should be to rein in arbitration

We are all aware of increasing use of arbitration agreements and the court decisions bolstering them. In addition to being lawyers, we are consumers too. By Alexandra P. Summer

Alexandra P. Summer

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By Alexandra P. Summer

We are all aware of the continuing and increasing use of arbitration agreements and the court decisions bolstering them. In addition to being lawyers, we are all consumers, too. Soon, it seems, we will be signing our rights away when we buy an adulterated carton of milk at the grocery store. Who's going to pay to arbitrate an individual action over a $2 carton of milk? No one.

If we, as capable attorneys but also ratio...

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