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