A blog about Arbitration law, by Stephen Ware, a law professor at KU, in Lawrence, Kansas.
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Wednesday, September 13, 2017
Arbitration Speedier Than Litigation, Says AAA Study
The American Arbitration Association says "on average, U.S. district court cases took more than 12 months longer to get to trial than cases adjudicated by arbitration (24.2 months vs 11.6 months)." While one can always question whether the litigated cases studied are similar to the arbitration cases studied, this data fits the received wisdom from earlier data that arbitration tends to be quicker than litigation. This study is part of a broader website of AAA resources on arbitration.
Labels:
AAA,
empirical studies of arbitration,
speed
Location:
Lawrence, KS 66049, USA
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