"You may have never found yourself in arbitration, but you've almost certainly signed an arbitration clause, in one of the many contracts and terms-of-service agreements that all of us have to sign all the time. Arbitration can be much faster, cheaper, and easier than going to court, so it's become a favored way of resolving disputes between businesses. It's also, as it turns out, how many employers and large corporations defend against lawsuits,"
"Arbitration is everywhere in our legal landscape, so you can see why an organization like the AAA would want to make it faster, cheaper, and more predictable. For the past several years Bridget and her team have been developing an AI-assisted arbitration platform called the AI Arbitrator, and it's now available for use in very specific cases - construction disputes that can be resolved entirely on the basis of written documents."
Bridget McCormack, former chief justice of the Michigan Supreme Court and president and CEO of the American Arbitration Association, leads development of an AI-assisted arbitration platform. The AAA is a 100-year-old nonprofit and the country's largest arbitrator. Arbitration enables parties to resolve disputes outside courts using a neutral third-party arbitrator. Arbitration clauses appear in many contracts and terms of service, and often prevent class actions by steering claims into arbitration. The AI Arbitrator targets specific, document-only construction disputes to deliver faster, cheaper, and more predictable outcomes. The platform is now available for limited use and currently has one case on its docket.
Read at The Verge
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