Labor Arbitration: Practical Ways to Cut Costs Without Sacrificing Quality
ABA Section of Labor and Employment Law Newsletter, Vol. 44, No. 4, p. 1&10, Summer 2016
3 Pages Posted: 28 Sep 2016
Date Written: September 22, 2016
The main advantages for choosing arbitration over litigation to resolve labor disputes are speed, party control over the process, the possibility of preserving an amicable relationship between the parties, and cost. This essay focuses on cost – what does labor arbitration cost, and what can the parties do to keep costs down while maintaining the integrity of the process and ensuring accurate outcomes?
Keywords: Labor, Arbitration, Cost
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