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In the last six months, eight major corporations have installed voluntary plans, according to Robert Meade, of the American Arbitration Association.
FORBES: Better safe than sorry
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On the other side are the U.S. Chamber, the American Bankers Association and other business interests who say arbitration is a cheaper and more effective way to resolve business disputes.
FORBES: Supreme Court Asked: Are Class Actions Sacred?
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Long before there was an American Arbitration Association, antagonists in business and the professions who feared the abstrusities of law courts had a different means of alternative dispute resolution:the duel.
FORBES: Forget those depositions. Let's duel.