Arbitration Cases are Fewer and More Expensive
May 16, 2010
by Richard L. Connors
Stinson Morrison Hecker LLP
Copyright © 2010
Companies and unions requested over 14,000 arbitration panels from the Federal Mediation and Conciliation Service (FMCS) in fiscal year 2009, however only 6,496 arbitrators were actually appointed and, more significantly, only 2,100 arbitration cases were eventually heard and decided, according to the FMCS’s 2009 Annual Report. Moreover, the average fees and expenses charged by an arbitrator rose 7% last year, to $4,470
Richard L. Connors is an attorney with Stinson Morrison Hecker LLP, one of the country's largest law firms with more than 300 attorneys in more than 45-industry-focused areas. Mr. Connors represents management exclusively in employment and labor law.
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