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: Settle It Now Negotiation BlogIf Your Client Wants ACTION (and whose doesn't) Try CPR's Model Economical Litigation Agreement
By Victoria Pynchon
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What is an ELA? An ELA is a hybrid of civil litigation and arbitration, where parties agree to use finite, defined and proportional discovery procedures in lieu of conventional discovery. CPR's new model agreement includes a mandatory pre-litigation dispute resolution section, as well as fee-shifting in discovery disputes decided by an ELA arbitrator. Why should I use an ELA? Companies that use the ELA can significantly reduce the cost of litigation. Also, by shifting disputes out of arbitration -- where there are no appellate rights to litigation -- you allow the common law to keep pace with changing technology. |
Full post as published by Settle It Now Negotiation Blog on August 06, 2010 (boomark / email).
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