Why does BlueIron include an arbitration clause in its contracts?

This page is an FAQ based on guidance from the Manual of Patent Examining Procedure. It is provided as guidance, with links to the ground truth sources. This is information only: it is not legal advice.

We hope we don’t have any arbitration or any lawsuits, ever. However, our agreements are legal documents, and legal documents are written with lawsuits in mind. As we considered this option, it mainly came down to two things: speed and cost. Litigation is costly and time consuming. After examining arbitration as an option, we decided that it offers a better, more cost-effective, and faster means of adjudicating disputes.