Not seeing eye to eye with someone? Need to find a solution without going to the courts? Dr. Stan Leasure, business law professor at Missouri State University, says alternative dispute methods might be your best bet. “If you’re going to build me a house, we might realize that house-building is something that involves a lot of money and it’s complicated,” Leasure said. “You … [Read more...] about Power of arbitration
Every day, more companies are placing clauses in their employment contract or employee handbook to prevent litigation in case a dispute arises. Instead, companies prefer – and are requiring the use of – arbitration. An arbitrator’s decision is considered final, legal and binding. Dr. Stanley Leasure, a business law professor at Missouri State University, is trying to influence … [Read more...] about Litigation vs. arbitration: Why it matters to you