150 words 2023 Business Finance

2023 3 Not all mechanisms require litigation in a traditional courtroom Distinguish mediation from binding arbitration


3) Not all mechanisms require litigation in a traditional courtroom.

Distinguish mediation from binding arbitration.  Recent trends among members of the medical community require new patients to agree to binding arbitration should malpractice result.  Discuss the implications of this contractual obligation on victims of malpractice.  Is this overreaching my physicians or a prudent way to minimize frivolous lawsuits?

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