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Arbitration prides itself on being more efficient and less expensive than litigation in court. Sometimes that’s true. Sometimes it’s less true. But that’s the goal.
I’ve had cases that have gone from start to finish through the arbitration process in six months. I’ve also had million dollar cases which have gone through the process for a fraction of the cost that it would have been in regular court.
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Minneapolis business litigation attorney George Antrim III reflects on the advantages of arbitration.