CHAPTER 4 MATERIALS TO SUPPLEMENT TEXTBOOK J. Pittman,

CHAPTER 4 MATERIALS TO SUPPLEMENT TEXTBOOK J. Pittman,

CHAPTER 4 MATERIALS TO SUPPLEMENT TEXTBOOK J. Pittman, Instructor 1-1 ADR CONSIDERATIONS Compare litigation to ADR on the following: Cost Time Privacy

Bitterness Jeffrey Pittman - Legal Environment of Business 2 POSSIBLE DISADVANTAGES OF ARBITRATION The following points are possible disadvantages of arbitration versus litigation Lack of appeal rights (but appeals are expensive

and time consuming) Lack of full discovery (but discovery is expensive and time consuming) Lack of evidentiary standards Hidden arbitration clauses (but truly hidden arbitration agreements may be unenforceable) Jeffrey Pittman - Legal Environment of Business 3 POSSIBLE DISADVANTAGES OF

ARBITRATION Lack of knowledge regarding the arbitrators background (but the parties select the arbitrator; judges are appointed and may also be a mystery) Lack of precedent Jeffrey Pittman - Legal Environment of Business 4

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