Judging from the prevalence of arbitration agreements these days, arbitration is extraordinarily popular among businesses. But believe it or not, small and medium-sized businesses are usually better off handling disputes in court, rather than through arbitration, one practitioner argues.
In a Jan. 19 blog post, Michigan-based employment lawyer Jason Shinn argues that, though it can seem like arbitration is more cost-effective, in reality employers can bear the brunt of the proceeding costs. He cites the American Arbitration Association’s fee schedule, which dictates an employee pays a nonrefundable filing fee capped at $200, whereas an employer must pay $1,500.
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