As mandatory arbitration continues to be adopted in place of litigation, it remains to be be seen whether mandatory arbitration will replace costly and time consuming litigated adversarial hearings in workers' compensation. During the last two decades employers and insurance companies have fashioned contracts to include Alternate Dispute Resolution (ADR) proceedings to reduce costs and awards.
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Showing posts with label Millennial Generation. Show all posts
Showing posts with label Millennial Generation. Show all posts
Sunday, May 15, 2016
Wednesday, July 29, 2015
Reshaping Workers’ Compensation for the Sharing Economy
The most dramatic factor in re-shaping the future of workers’ compensation is that we now have a sharing economy, Quietly, over the decades, “work” has been influenced dramatically by the Millennial Generation. As the sharing generation reinvents the economy, the element of “trust” will have the most important impact in the direction of social legislative programs such as workers’ compensation.
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