Is Arbitration Really In Your Best Interests?
The most important substantive difference between arbitration and courtroom litigation is that the court process allows for an appeal, whereas arbitration usually does not. There is a reason that our system of civil justice has full-time courts of appeals: Judges frequently make mistakes. Now, not all mistakes are material or outcome-determinative, but enough mistakes on important issues of law occur that our appellate courts are daily churning out opinions which fix these mistakes, and there is an entire bar of appellate lawyers who do little more than appear before those courts.