A study of dispute resolution at Fortune 1,000 corporations shows many are using binding arbitration adjudication with private judges less and relying more on mediated negotiation and other more informal, quick and inexpensive methods.
The study, based on a 2011 survey of corporate counsel developed by researchers at Cornell and Pepperdine universities, with input from the International Institute for Conflict Prevention & Resolution, indicates that although the approaches of large corporations vary, decisions about how to manage conflict usually boil down to issues of control.
