Contracts or agreements need to be reviewed immediately to ensure that your best interests are represented.
What Is an Arbitration Agreement?
More and more often, employers are asking employees to sign Arbitration Agreements as a condition of employment.
Arbitration Agreements are clauses in contracts (or entire Agreements themselves) that say that an employee is giving up his or her right to sue the employer in court over a job-related issue, such as wrongful termination, discrimination, harassment, retaliation, or breach of contract. If an employee signs an Arbitration Agreement, he or she can only pursue a job-related legal claim against that employer through arbitration, rather than through a lawsuit in state or federal court.
Advantages of Arbitration
Some advantages of Arbitration include:
- The arbitration is less formal than court
- The process is quicker
- If the employee “wins,” the arbitration decision is final and binding and usually cannot be appealed by the employer
Disadvantages of Arbitration
Some disadvantages of Arbitration include:
- The arbitration is before (and decided by) an arbitrator
- Not being able to present your case before a jury
- An employer’s familiarity with the arbitration process, procedures, and arbitrators
- Not being able to obtain as much information from the employer
- Virtually no avenue to appeal the arbitrators final and binding decision
If you have already signed your Arbitration Agreement, contact us so that we can review your Arbitration Agreement with you, defend you against a former employer, or to provide you with direct and honest advice to ensure that you understand it and can abide by its terms moving forward.
We have assisted hundreds of employees and executives alike with contract review and negotiation.
The Walcheske & Luzi, LLC Difference
At Walcheske & Luzi, LLC it is our pledge to provide open and honest advice, taking the time to listen, counsel, and advise. We will closely review your employment contract or agreement, provide you a full assessment and explanation of its provisions, and openly and honestly discuss your options and determine whether further negotiations or representation is needed. Tell us about your agreement or contract, we’re ready to help.
Check out our testimonials section, where former clients have described their past experiences with us.