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Three Approaches to Arbitration with Diana Isyanova

Contract Teardown Show from Law Insider

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The Purpose of an Arbitration Clause

The purpose of an arbitration clause is really dependent upon the relationship and the nature of the deal. Amazon has a bajillion transactions every day, they're putting arbitration on there because they want to be done. If you're a future customer, if you're not great, we don't care. We just can't take the mass of claims that would be against this.

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