This is alternative dispute resolution (ADR) week here at Construction Law Musings. Monday’s post was a primer on two popular ADR methods and now, I’ve got another post at the great ALPS411 Blog. The post explores whether you, as a construction pro, would want a mandatory arbitration clause in your construction contract. Here’s an excerpt.
Arbitration (or “private court”) is an alternative to litigation that results in a decision from a private party (or parties) who determine the outcome of a dispute is much the same way as a court would. Arbitration and its procedures in a particular case are determined by contract, either directly or indirectly (by reference to a set of rule set forth by another organization or group; for example, the American Arbitration Association).
For more, check out my full thoughts over at ALPS411. Once you’ve read the post, either comment over there or come back here and let me know your thoughts.
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