What are the advantages and disadvantages to signing an arbitration agreement in a job?
Most employers require an arbitration clause if they have one. Just like websites require you to click on a box to register, most employers with arbitration clauses require you to sign one. Arbitration is generally conducted by a private entity of retired Judges like the American Arbitration Association. Employers like arbitrators because they are less likely to decide by emotions like a jury with a potential runaway verdict. Arbitration is usually quicker then a lawsuit. Also arbitrators can decide discovery options. One arbitrator refused to allow written discovery only depositions. The arbitrator is in charge and the arbitrator charges a fee in addition to the organization to file while a Judge does not charge and the filing fee is usually significantly less in Court.
About Ask Brien
Ask Brien is a business community where business owners can ask other business owners questions and receive responses. We at Askbrien.com are focused solely on business. We don’t discuss anything but business on our site. Every business question is important to the person or entity asking. Ask Brien and the Ask Brien Radio Show are great resources for you to obtain information to common questions such as: Should I incorporate? What is a registered trademark? Do I need a domain? What’s web-hosting? Why do I need a website? How can I create an iPhone app and Android app? Am I paying too much in merchant fees? How do I get traffic to my website? Ask Brien is here to help you grow your company into a successful business.