Arbitration agreements can be complicated and unclear. If you feel that you might have issues with your arbitration agreement, reach out to Kesluk, Silverstein, Jacob, & Morrison to set up your initial consultation today.
What Goes Into an Arbitration Agreement?
An arbitration agreement typically includes the following key elements:
- The scope of arbitration, which details the types of disputes that will be covered by the arbitration agreement
- Information about how the arbitrator will be chosen
- The procedures for conducting the arbitration, including timelines and rules of evidence
- The allocation of arbitration costs and fees between the employer and employee.
- Clauses that may waive the employee’s right to a jury trial or to participate in a class action lawsuit