Category: Alternative Dispute Resolution
Michael Saffer Discusses Arbitration Challenges in NJ Business Magazine Feature on ADR Benefits
May 1, 2024
Michael A. Saffer, co-chair of the litigation department at Mandelbaum Barrett PC, discussed the limitations of arbitration in a recent NJ Business Magazine article. He emphasized the problem when arbitrators make irreversible errors: “When arbitrators err factually, parties are stuck with no recourse to appeal.” This situation underscores the importance of selecting competent arbitrators. Saffer’s commentary highlights a significant drawback of arbitration, stressing that while it offers confidentiality and speed, the inability to appeal factual mistakes by arbitrators can be a major pitfall, necessitating prudent arbitrator selection to minimize such risks.