Arbitration has long been used as a more informal method to resolve legal differences between two parties. Lately, it seems as though we’ve been hearing more about it because of lawsuits involving Lance Armstrong, the NFL, and Sirius XM, amongst others. If you’re filing a personal injury claim, be sure to know whether or not you’ll be dealing with an arbitration clause in your own case. Many contracts of employment now include arbitration clauses so that if any workers are injured on the job, the dispute can be handled in arbitration instead of going to court. Nursing home injury lawsuits and product injury lawsuits can also be affected by these clauses. In cases involving an arbitration clause, a third party will decide on a resolution which keeps the cases from going into litigation. However, the difference with arbitration is that in most cases the arbiter, a neutral third party consisting of one person or a small panel, has final say on the decision. If the judgment goes against either the plaintiff or defendant, they must abide by the decision and it cannot be appealed. This can make for a risky move in cases that could go either way. If you are filing a lawsuit that involves an arbitration clause, be sure to speak with an experienced personal injury lawyer to see how the clause will affect your case.
Read the full article here:
Can an Arbitration Clause Affect Your Injury Claim? – Injured