What is Arbitration and Why Should You Care?
By Cole Cribari.The general public almost never hears the word arbitration unless they’re watching news that involves a dispute between businesses, or they find themselves embroiled in a dispute where arbitration has been suggested or required as a method of settling the dispute. Arbitration has become commonplace—particularly in the employment context—around the world and in the State of Arizona where 99.2% of legal disputes are settled prior to trial. In fact, anyone reading this article has likely agreed to arbitration of disputes multiple times—purchasing and using a cell phone or credit card subjects you to an arbitration clause associated with those contracts.What is Arbitration?So, you were involved in a dispute with your employer. You thought about filing a lawsuit to settle the issue, but your employer points to a mandatory…