Consumers Win More Money, More Often, And More Quickly In Arbitration Than In Court
A new study released by the U.S. Chamber Institute for Legal Reform (ILR) found that consumers win more money, more often, and more quickly through arbitration than in litigation. Fairer, Faster, Better II: An Empirical Assessment of Consumer Arbitration shows that consumers were successful in 44 percent of arbitrations between 2014 and 2020, compared to winning just 30 percent of litigation cases. Both the median and mean awards in consumer … Continue reading Consumers Win More Money, More Often, And More Quickly In Arbitration Than In Court
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