Corporate Counsel Quotes CPR on Trends in ODR
July 1, 2015
Corporate Counsel Quotes Noah Hanft & Beth Trent on developing trends in online dispute resolution ODR, in "Have a Dispute to Resolve? We'll See You Online."
The article begins with a bold prediction, made by Hanft during a recent keynote at Pace University Law School, that "Not tomorrow, but within the next five to 10 years, much of arbitration will be online--and we won't remember why we ever did it any other way."
On the topic of how ODR can save the parties money, Trent explained, "“The longer a proceeding lasts, the longer you are paying your counsel, that’s a direct cost; the longer you are paying the neutral, that’s a direct cost; and the longer you have your businesspeople paying attention to the case, which is taking them away from the business, that is an indirect cost."
To read the article in full, please go to: http://www.corpcounsel.com/id=1202730544513/Have-a-Dispute-to-Resolve-Well-See-You-Online#ixzz3q5IQJmig