Firms Eschew Mandatory Arbitration Clauses With Clients
Mandatory arbitration clauses have found a home in some law firms' standard engagement letters, but one malpractice case in Philadelphia federal court is challenging whether such clauses violate public policy, or at least should be more detailed in explaining to a client what he or she is giving up by agreeing to arbitration.
By Gina PassarellaMay 06, 2013
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In the Goulston & Storrs 2017 General Counsel Survey, fifteen percent of GCs or in-house counsel say they have the most difficulty identifying exposures, and this emerging risk is reshaping their role.
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