Thomas A. King, P.C.
· No Accountability
arbitrators have no standard code of ethics, no boards that review their
behavior, no commissions that regulate them. Even worse, voters do not get the opportunity to review the record of
an arbitrator and vote a bad one out of office.
· Too Expensive
Just getting to
arbitration can cost consumers thousands just to file a claim. Then
consumers can be liable for thousands more just to get the arbitrator to
hear the case.
· No Time-Tested Rules
Courts have strict
rules, developed over hundreds of years as to what evidence they can
consider, what procedures judges must follow and how judges must conduct
themselves. Under arbitration, there are no rules to force big
corporations turn over records, conduct themselves properly during
proceedings or to force arbitrators to consider important evidence before
· No Due Process
Get a bad ruling
from a judge and it is not the end of the world, an appeals court can set
things right. Arbitration rulings are final. Nothing forces the arbitrator
to follow the basic rule of law. Worse, many arbitrators have no legal
· Unfair Forum
Judges have strict rules to act in an unbiased manner and to remove themselves from a case where they have a conflict of interest. Arbitrators not only do not have these rules, they often advertise their services to big corporations with claims of how much money they can save the big corporation. Is it no wonder that one credit card company recently disclosed that it wins 99 percent of its arbitration rulings?
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This Page was Last Updated on 05/05/2004