Law Practice,
Intellectual Property,
Corporate,
Contracts,
Alternative Dispute Resolution
Feb. 1, 2019
Drafting arbitration provisions for high-tech deals
A few practical pointers that contract negotiators and drafters can use to ensure that, if arbitration becomes necessary, your company can obtain a just, speedy and cost-effective resolution.
Arbitration provisions have become a staple of high-tech contracts in recent years, and mostly for good reason: Arbitration can -- if done right -- be a speedy, cost-effective and private alternative to a lengthy and unpredictable state or federal court proceeding. Arbitration often includes streamlined discovery procedures, which can deliver cost savings to the parties, and arbitrators can also bring subject-matter expertise well beyond what a typical jury or judge w...
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