Ten Things GCs Need to Know When Searching for the Perfect Arbitration Clause
In this edition of “Ten Things,” I search for the perfect arbitration clause. Alas, much like Moby Dick, El Dorado, Sasquatch, and honesty in politicians, the search comes up dry. But, with a little work, you can come up with a “really damn good” arbitration clause that will better suit your company’s interests and goals. It requires time and effort, such as taking a long look at the clauses you are using now and asking yourself some tough questions about what you really want to get out of an arbitration process. If you’re ready to roll up your sleeves, here are some things you need to consider and think through when drafting an arbitration provision.
