What is the main reason arbitration is often preferred by employers?

What is the main reason arbitration is often preferred by employers?

• A. It is more formal than litigation
• B. It is usually more expensive
• C. It is faster and less expensive than going to trial
• D. It allows for public hearings

Answer: (C)

Arbitration is often preferred by employers primarily because it tends to be faster and less expensive than traditional litigation. This efficiency is significant for organizations, as lengthy court processes can lead to increased legal costs and prolonged uncertainty regarding disputes. In arbitration, cases are typically resolved more quickly because they follow streamlined procedures that can bypass many of the formalities of court trials. Additionally, the costs associated with arbitration, including attorney fees and administrative expenses, are generally lower than those incurred in a lengthy trial. By opting for arbitration, employers can resolve disputes promptly, enabling them to focus on their core business activities while minimizing disruption and expense.

Arbitration is often preferred by employers primarily because it tends to be faster and less expensive than traditional litigation. This efficiency is significant for organizations, as lengthy court processes can lead to increased legal costs and prolonged uncertainty regarding disputes. In arbitration, cases are typically resolved more quickly because they follow streamlined procedures that can bypass many of the formalities of court trials. Additionally, the costs associated with arbitration, including attorney fees and administrative expenses, are generally lower than those incurred in a lengthy trial. By opting for arbitration, employers can resolve disputes promptly, enabling them to focus on their core business activities while minimizing disruption and expense.