POLI 378 Lecture Notes - Lecture 2: Price Controls, Class Action, Alternative Dispute Resolution

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Private third party either mandate by the courts or compromised by the two parties and resolves the dispute without going to court. Mediation decision is not binding- more of a suggestion. Time- if you want a speedy ruling you don"t go to court because the process can be long. Emotional burden for people who have to testify. Contingency so instead of charging per hour you take a % of the settlement. Price control: government puts a limit on how much lawyers can charge. Elected- can"t be impartial because they will try to appeal to the public and go with public opinion instead of going with what"s best for the law.

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