“There are two tragedies in life. One is to lose your heart’s desire. The other is to gain it.” —George Bernard Shaw
Most law firm partnership agreements include arbitration as a means of alternate dispute resolution. While the resulting proceedings are (at least in theory) less expensive, more efficient and more confidential than a plenary proceeding, the arbitration of law firm disputes is not without risks, and including an arbitration provision in a law firm’s agreement should be carefully considered (it being a given that most law firm partners have little say on whether their potential law firm disputes will be arbitrated or litigated).
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