Is Arbitration the Way of the Future for Commercial Disputes?

Hogan & Hartson is so convinced that arbitration is the way of the future in complex commercial disputes that it recently built a state-of-the-art arbitration room in its downtown Miami office. Arbitration certainly has its proponents, and most major commercial contracts now contain mandatory arbitration clauses. But not everyone is a fan. "It really is like trying a case in the wild, wild West," Miami attorney Michael Kreitzer says. "The simple fact is that arbitrators are not bound to follow the law."

Details here from the Daily Business Review via Law.com.