In an article published on Oct. 23, 2015 in Corporate Compliance Insights, Andrew Sherrod provides guidance on why inclusion of standard arbitration clauses in employment contracts may not always be best for a company. The article details the positive outlooks that companies typically have toward arbitration clauses, but also considers why arbitration is not a one-size-fits-all solution. Sherrod emphasizes the importance of accurately deciding whether or not to include an arbitration clause, stating, “It pays to give thoughtful consideration to the potential pitfalls of the arbitration process before implementing an arbitration agreement…even an air-tight arbitration clause might not keep a company out of court altogether.” For the full article, you may click here.
Stephanie A. Hood