PSSST, PLEASE KEEP IT CONFIDENTIAL - ARBITRATION MAKES IT POSSIBLE

Many parties use arbitration to speed up the resolution of a dispute o r to save time and money. But there is another reason why some parties , especially huge companies and famous individuals sensitive to public ity, choose arbitration as an alternative to litigation-confidentialit y. The author says confidentiality is inherent in arbitral proceedings , but some parties try to enhance or safeguard their right to privacy during arbitration by using certain measures such as a tailored agreem ent or an arbitration clause that requires confidentiality.