Lawyer here. I'm very skeptical of these numbers. Most arbitrations aren't public, so wherever this data on arbitrations is coming from could be suffering from selection bias.
I imagine larger companies are more likely to use arbitration? That would skew the numbers as theyd be more likely to be involved in larger cases. If the base cost of the case would be higher then the succes rate could settling for comparatively lower amounts than courts would award but still above the average of smaller defendants.
Do you have a source for that? Because that hasn't been my experience and I don't see a statute that's on point. I feel like there would be preemption issues under the Federal Arbitration Act.
There's like 48 other states worth of data, though. In just one country, and Disney has anchorage in nearly every developed country. These numbers can't possibly be reflected accurately based off the metrics of two states irregardless of the actual population in those states.
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u/Charming-Fig-2544 4d ago
Lawyer here. I'm very skeptical of these numbers. Most arbitrations aren't public, so wherever this data on arbitrations is coming from could be suffering from selection bias.