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The Federal Arbitration Act at 100: An opportunity for reform?

This year marks the 100th anniversary of the Federal Arbitration Act (FAA). When the statute was enacted in 1925, Calvin Coolidge was president, the Ford Model T was America’s top-selling car and the average lawyer drafted contracts with a fountain pen. A century later, that same statute still forms the backbone of American arbitration practice: It governs everything from complex, cross-border disputes to consumer and employment cases.

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This year marks the 100th anniversary of the Federal Arbitration Act (FAA). When the statute was enacted in 1925, Calvin Coolidge was president, the Ford Model T was America’s top-selling car and the average lawyer drafted contracts with a fountain pen. A century later, that same statute still forms the backbone of American arbitration practice: It governs everything from complex, cross-border disputes to consumer and employment cases.

Full article below:

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