Mandatory Arbitration Agreements Could Be Here To Stay
Burg Simpson co-founder Michael S. Burg recently sat down with Law Week Colorado to discuss mandatory arbitration agreements, and what impact the #MeToo movement might have on that in the coming year.
Several factors came together in 2017 to breathe new life into these controversial agreements, but experts debate whether an uptick in sexual harassment claims might threaten their future. Since most of these agreements are part of financial contracts rather than employment or confidentiality agreements, some argue that it won’t have any effect at all.
While Michael agrees that confidentiality agreements do little more than shield wrongdoers, he does not expect any changes in the foreseeable future.
“If my client says they want to take the settlement, I don’t have a choice [in confidentiality],” Michael told Law Week Colorado.
Over the course of his career, which has spanned more than 40 years, Michael S. Burg has presided over nearly 200 trials, winning more than 15 verdicts in excess of $1 million. Overall, Michael has secured more than $500 million for his clients through settlements, judgments, and verdicts.