Many contracts, including many consumer contracts like cellular service contracts and credit card agreements, have a clause that requires disputes arising from that contract be resolved by binding arbitration rather than litigation. This helps companies keep their costs down and keep their disputes private.
Let's assume that we're all going to hit a wall in our careers sooner or later. If we're 50 or over, and it hasn't already happened, be on the lookout. This installment is a personal story about a longstanding friend of mine, a New York lawyer named Janet Scully who worked for 22 years as an attorney for Travelers Insurance.
Throughout the conference, the panelists kept reiterating that what occurs in court is state specific, "locale specific," and jurist specific. In other words, results vary from judge to judge based upon the judge's biases, beliefs, assumptions and values. I think this should really scare anyone and everyone.