Protection corporations have sounded the alarm for years in regards to the coming onslaught of mass arbitration, however there hasn’t been a surge—at the very least, not but.
For many firms, mass arbitration has been extra of a “theoretical risk” than a actuality, mentioned Steven Weisburd, Los Angeles managing shareholder at Carlton Fields. The 2023 Carlton Fields Class Motion Survey, launched earlier this 12 months, requested authorized departments for the primary time whether or not their firms had skilled mass arbitration prior to now 12 months.
