Arbitration Agreement – Everything you Need to Know
“If you have ever signed a contract of any kind, you have probably asked, ‘Should I sign an arbitration agreement?’ The most common place that people may see an arbitration agreement that gives them pause is in an employment agreement. Many companies have been begun to include arbitration agreements in their contracts with employees because it may make dispute resolution cheaper and faster; however, some employees question the efficacy and the fairness of requiring an agreement as part of the employment. This article will quickly discuss what an arbitration agreement is and then move into a discussion of the benefits and drawbacks of signing an arbitration agreement with an employer. Finally, this article will discuss the considerations that an employee should make when choosing whether to sign an arbitration agreement,” posts ADR Times in their blog.
