Arbitration is used to resolve common legal disputes and to avoid often costly litigation. It has been a standard practice used by both businesses and consumers alike for decades but has recently been challenged by the accelerated growth of expensive class action suits. These suits purport to benefit consumers, but do they? What about the overall economic consequences of these suits?
Three legal experts joined us for a spirited discussion on arbitration and class actions as they looked at what the 115th Congress might do about it all.
This Congressional Civil Justice Caucus Academy briefing featured:
Vice Dean and Professor of Law, Benjamin N. Cardozo School of Law, Yeshiva University
Archis A. Parasharami
Partner, Mayer Brown
Moderator: Todd J. Zywicki
Executive Director, Law & Economics Center