In Arbitration Agreements, Critical Provisions Are Often Overlooked

Robert J. Jossen and Neil A. Steiner, partners at Dechert, write that while it is common for parties to insert a fairly standard dispute resolution clause into a contract, doing so misses out on an opportunity to tailor the form of the arbitration to the contract and the overall business relationship at issue. It is far preferable to address such issues in a time of peace and good feeling than once a dispute has materialized.

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