A groundbreaking study by the economic research firm Micronomics quantifies the significant time differences between litigation and AAA arbitration from initiation of a case to the final determination—and concludes that arbitration accelerates the pace of dispute resolution.
Federal courts take much longer to resolve cases by trial and appeal than arbitration by the AAA. These differences are systematic across almost all states and sections of the country and are especially significant in the states with the highest arbitration and federal court caseloads. As budget cuts close courtrooms and reduce judicial and court staff, delays will only increase.
Parties to a case are constrained from using the funds at issue; therefore, the greater the amount at issue, the greater the loss associated with delay.
Please complete the form below to download the Economic Impact of Delay Micronomics Final Report.
November 9, 2016
2:00 pm - 3:00 pm ET
AAA Panelist: $80
and Stanley Sklar
This webinar will satisfy annual
Arbitrator Continuing Education (ACE)
requirements for AAA Arbitrators.