Alternative Dispute Resolution
Feb. 20, 2024
New Year, new mass arbitration rules from the AAA
Companies should update their arbitration agreements to take advantage of the new AAA rules and include conditions precedent that can weed out unvetted claims.
JoeAl Akobian
Associate
Jones Day
Matthew T. Billeci
Associate
Jones Day
Luanna De Mello
Associate
Jones Day
Michael Kushner
Associate
Jones Day
A "mass arbitration" is initiated when thousands of similar arbitration demands, brought by the same organizing lawyer, are simultaneously unloaded upon a corporation. Because corporations typically front arbitration costs, mass arbitration forces them into a "pick your poison" situation: either agree to a sky-high demand to settle the claims, or pay millions in filing, case management, and arbitrator fees just to have a chance to fight th...
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