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Beware of arbitration agreements

arbitration agreements

Sixty million American workers have given up their right to go to court because of companies issuing mandatory arbitration agreements.

Arbitration is when two parties in a dispute agree to find an alternative solution as opposed to filing a lawsuit or going to court in front of a jury. Forced arbitration is typically found in fine print. Contracts with employers, banks, student loan companies and even nursing homes often include this language, giving people no choice but to sign the agreements.

At Robert Peirce & Associates, we recommend fully reading all contracts and consulting an attorney if you have any questions.

– Robert Peirce, Robert Peirce & Associates, P.C.

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