Online arbitration for freelancers is a great way for freelancers to protect their income by legally stating the terms and conditions for payment for services rendered. The freelance working model can be very rewarding and can restore work-life balance for those who truly have a passion for their area of expertise. What is not so …
Online arbitration for Freelancers – Get paid on time, every time Read More »
One of the likely unforeseen challenges of owning a business is the need for a form agreement between you and your customers. Do you hire a lawyer? Do you find one on the internet? Do you buy a premade form? The answer depends on your needs and your pocketbook. But, there are some things …
I’ve got a Form Agreement and I need to update it. Where Do I Start? Read More »
Business owners often find that their cash flow becomes threatened when clients and customers default on payments and leave them with bad debt. There are ways to avoid this happening, and thankfully, arbitration clauses will allow you to claim your money without the expense and huge waste of time involved in filing a lawsuit in …
Protect your business from bad debt with an arbitration clause Read More »
The definitive answer is yes, moving companies need arbitration clauses; the US Department Of Transportation stipulates that by Federal Law, every moving company must be signed up to an arbitration program if they are involved in interstate shipments of household goods. The DOT instituted this law (49 CFR 375.211) to reduce pressure on the US …
Factoring and online arbitration work extremely well together and together provide the foundation for success in resolving disputes and recovering debt. Factoring – also known as receivables factoring or debtor financing – is an industry that is crucial in helping businesses manage their cash flow. It entails lending money and collateralizing the borrower’s debt or …
Factoring and online arbitration – A perfect fit for debt recovery Read More »
Online arbitration is cheaper and quicker than traditional arbitration, and this is backed up by facts. Brief’s online platform turns an arbitration claim around in 45 days, compared to 410 days with brick and mortar arbitration. It is also up to 80 percent cheaper and a run-of-the-mill claim should cost you no more than $1,700. …
Online arbitration is cheaper than traditional arbitration Read More »
A total of nearly 10,000 arbitration cases were filed in the US in 2020 with $18,011,977,599 (that’s right over $18 billion!) in claims arbitrated. But arbitration is only for big businesses with big wallets right? No, not anymore. Brief’s groundbreaking platform has broken the mold, resolving cases within 45 days or less, starting at $600. …
How many claims are arbitrated annually in the US? Read More »
A simple search engine query for “civil courts backlog” will yield hundreds and thousands of links that all say the same thing, that it’s not going away any time soon and things are unlikely to ever return to pre-Covid functionality. Every US court jurisdiction, from the Federal Court right the way down to the District …
What is the real purpose of contracts? Anyone can shake hands to make a deal, so why write it down? Because a contract explains the rules of what happens when an agreement doesn’t go as planned. That “boilerplate” language that everyone glosses over, all of sudden becomes your “guidebook” as to how to proceed. …
Avoid the trap of “Cut & Paste” contracts as the fine print costs you Read More »
An arbitration clause in a contract is one of the smartest things you can do. A properly drafted arbitration clause provides a cost-effective and speedy resolution to a dispute. Lenders don’t set out to lend money to people or businesses who won’t pay it back, but default rates, as any lender knows, tell a …
The Importance of Having an Arbitration Clause in Contracts Read More »
