Business law professor explains the benefits of this alternative to litigation.
Many employers require the use of arbitration to keep disputes out of court.
Most business owners will be involved in a dispute one day, whether it be a human resource or discrimination issue, a patent dispute, breach of contract or a product liability issue. Dr. Stanley Leasure, associate professor in the finance and general business department t at Missouri State University, has developed a course to help students prepare for these situations without litigation.