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The conventional wisdom is that binding arbitration is fast, cheap, simple and sure -- at least compared to litigation. But many lawyers are questioning whether it really does cut time, money and complication. Parties seem to be more frequently challenging orders to compel arbitration -- and succeeding more often. "There's an enormous amount of litigation over whether an award is valid and whether arbitration should be compelled," says attorney Cliff Palefsky.
May 07, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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