A well-drafted arbitration clause can be the catalyst for resolving construction contract disputes quickly and cost-effectively, and there is a strong policy at both the federal and state levels favoring arbitration.
We should not be so quick to change what has worked for decades without careful analysis of what can be learned and extracted from our past and then successfully applied to the future.
Continuing his discussion on the science and art of case reserving, senior management consultant Michael Murdock why the process is a core responsibility of all claims professionals.
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