Perspective
Feb. 20, 2014
Piecemeal repeal of the Federal Arbitration Act
Repealing the nearly century-old FAA by foreclosing the avenue of private pre-dispute resolution may not be in the best interests of anyone. By Ron Naves
If you have ever purchased consumer goods or services (including hiring a lawyer or seeing a medical professional), you have likely agreed to arbitrate any disputes arising out of these transactions. Businesses value arbitration as a powerful tool which streamlines the process of resolving disputes and shields them from frivolous claims in unfavorable jurisdictions. Plaintiffs' advocates argue that consumers are forced to exchange their right to ...
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