The common widsom is that arbitration provides a swift, private and cost-effective path to dispute resolution. Mindful of this widely held view, some construction companies have learned the hard way that arbitration does not always deliver the promised benefits. Too often, the arbitration process turns out to be more costly and time consuming than anticipated.
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This article was originally published in the FALL 2017, issue of ActionLine, a Florida Bar Real Property, and Trust Law Section publication.