To Regulate or Not to Regulate, or (Better Still) When to Regulate

Dispute Resolution Magazine, Vol. 19, No. 3 (Spring 2013), pp. 12-13

Minnesota Legal Studies Research Paper No. 13-37

3 Pages Posted: 28 Aug 2013 Last revised: 31 Aug 2013

Date Written: 2013

Abstract

This short essay, which appeared as part of a symposium on whether ADR should be subject to regulation, suggests that the consideration of regulation should be framed in terms of two dimensions: the nature of the parties (sophisticated versus unsophisticated) and how the parties came to ADR (post-dispute, pre-dispute negotiated, or pre-dispute take it or leave it). The essay suggests that the need for regulation ranges from very strong when one party is sophisticated and the other is unsophisticated and the parties come to ADR as a result of a pre-dispute agreement offered as part of a take it or leave it transaction, to nil when ADR has been agreed to by two sophisticated parties through a process of pre-dispute negotiation.

Suggested Citation

Kritzer, Herbert M., To Regulate or Not to Regulate, or (Better Still) When to Regulate (2013). Dispute Resolution Magazine, Vol. 19, No. 3 (Spring 2013), pp. 12-13, Minnesota Legal Studies Research Paper No. 13-37, Available at SSRN: https://ssrn.com/abstract=2316477

Herbert M. Kritzer (Contact Author)

University of Minnesota Law School ( email )

229 19th Avenue South
Minneapolis, MN 55455
United States

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