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Make Sure You Understand the Scope of Your Agreement to Arbitrate
| 题名： | Make Sure You Understand the Scope of Your Agreement to Arbitrate |
| 正文语种： | eng |
| 作者： | Michael C. Loulakis;Lauren P. McLaughlin |
| 作者单位： | Capital Project Strategies LLC in Reston Virginia;Smith Currie & Hancock LLP in Tysons Virginia |
| 摘要： | One of the many challenges faced by all parties in the construction industry in drafting their contracts is the issue of dispute resolution. All else being equal, most general contractors and general engineering consultants strongly prefer arbitration over litigation relative to their disputes with owners. Many of arbitration's advantages, such as speed of resolution and the use of industry-experienced arbitrators, are highly desired by any party seeking money from its contracting counterparty. However, if your company or firm is defending a claim - and may be the one paying - the litigation process is typically the preferred route, as it is expected to take a longer time and cost more money for the party pursuing its claim. |
| 出版年： | 2022 |
| 期刊名称： | Civil Engineering |
| 卷： | 92 |
| 期： | 5 |
| 页码： | 20-21 |
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