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Should Arbitration Clauses Be in Your Contracts?
For decades, companies have included arbitration clauses in their agreements with customers, employees, and other businesses. If your company is among them, be mindful that there are some good reasons to arbitrate your disputes ' along with some less compelling ones.
Perhaps the biggest popular allure of arbitration is its cost-savings. But do not be overly optimistic about how much money you will save by arbitrating a dispute rather than going to court. Many practitioners and companies have found arbitration to be an expensive endeavor indeed. The alleged savings from procedural informality and limited discovery can prove overblown, and are offset by such added costs as fees for the arbitrators and arbitral institutions.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.