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The Independent Arbitration Field Is It Poised For A Growth By James A. Gage, Thu Dec 8th The Independent Arbitration Field Is It Poised For A GrowthExplosion? By James A. Gage With the recent bankruptcy changes almost guaranteed to besigned into law by the President, how does this change theIndependent Arbitration Profession? I believe this is excitingnews for our profession- let me explain. Whether you are alreadyin the profession or looking to get involved with this “Businesswhose Time Has Come” let me remind you why this is such alucrative business and why it still is in it’s infancy. (Article continued below)
First, Demand for Professional Arbitration Services is Very High andGrowing ! Professional Arbitration is a multibillion dollar industry.There are literally tens of thousands of unresolved
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Debtdisputes. Until now, the parties involved had no option, otherthan to be dragged into the process of litigation (court) to tryand salvage whatever possible. Professional Arbitration is thealternative. You can earn income on a par with any Professional! (Income potential is $7,000 - $75,000 or more per month fulltime) The time for entering the Arbitration Profession is now.Law suits and bankruptcies are at record levels. Until nowconsumers and business owners had no alternative but to uselegal methods to resolve debt problems. Litigation and Attorneycosts are at a all time high. Everybody involved is desperatefor a viable alternative. The Arbitration and debt ArbitrationIndustry is experiencing very high growth in North America. Okay, with that being said how do the new bankruptcy laws playinto this scenario? Prior to these changes in the bankruptcylaws all you would have to do is breath on a mirror in order towalk away from your personal and business debts- that haschanged! The laws in respect to Chapter 7 bankruptcy have changeddrastically and now provide for repayment of debts if yourincome is above the poverty guidelines set in each state; forexample the poverty guideline in Massachusetts for a family of 6is $56,000.00. If your business or personal income is above thatguideline, you can file for bankruptcy protection, but you mustmake arrangements to pay back your creditors through a trusteeof the bankruptcy court. Here’s the good part for ourprofession: We as Independent Arbitrators can provide many otheroptions to our clients then the legal system can; in addition wecan obtain better payment agreements and lump sum settlementsfor our clients. In conclusion, you can see that there are going to be morelitigations filed in the United States for delinquent accountsboth on the personal and business venues then we have everexperienced before- this translates to more clients for ourprofession. It has been said we live in a very law suit crazysociety, guess what? You haven’t seen anything yet. About the author:James A. Gage. is a best-selling author andinternationally-known expert in Arbitration and Negotiating. HeMentors One-On-One throughout the U.S. and across the world.James is also director of the Gage Consulting Group, LCC , 800Main Street, Suite 104 Holden, MA 01520 . http://www.jgage.com | Sign In |
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With Mediator, Boeing and Union to Renew Contract Talks Negotiations to end a 45-day machinists union strike against the Boeing Company will resume with a federal mediator in Washington, D.C. Mr. Mugabe’s Latest Betrayal It will take a lot more international pressure to force President Robert Mugabe of Zimbabwe to respect a power-sharing deal with Morgan Tsvangirai. Former Finnish President Wins Nobel Peace Prize <a href="http://www.nytimes.com/2008/10/11/world/europe/11nobel.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/10/11/world/11nobel_75.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>Martti Ahtisaari has worked to end conflicts in troubled spots around the world for more than three decades. Companies Unlikely to Use Arbitration With Each Other This week, the Supreme Court will hear arguments in a case about the enforceability of arbitration agreements. Zimbabwe Rivals Strike a Bargain to Share Power It was unclear what a deal between the opposition leader Morgan Tsvangirai and President Robert Mugabe entails. Study Finds Settling Is Better Than Going to Trial <a href="http://www.nytimes.com/2008/08/08/business/08law.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/08/08/business/lawsuit75.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>A study of civil lawsuits has found that most of the plaintiffs who decided to pass up a settlement offer and went to trial ended up getting less money. Swimmer Pulls Out, Upsetting Her Rivals <a href="http://www.nytimes.com/2008/08/02/sports/olympics/02swim.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/08/02/sports/olympics/02swim.75.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>Jessica Hardy withdrew from the United States swim team, declining to pursue an appeal after a failed drug test. Change in Arbitration Panels Will Allow Investors Only Investors who think they have been wronged by brokers will be able to have their cases heard by panels consisting only of their peers, with no industry participants. Talks to Start on Zimbabwe Crisis South Africa is hoping to convene negotiations between Zimbabwe’s feuding political parties on Tuesday, one day after their leaders met face to face. Zimbabwe Rivals Tentatively Begin Talks on Political Crisis The talks between President Robert Mugabe’s ruling party and the opposition are preliminary, but their start is a victory for South African Thabo Mbeki, the regional mediator. Qatar, Playing All Sides, Is a Nonstop Mediator In an increasingly divided Arab world, the Qataris have fashioned a reputation as independent arbitrators. Complex Ties Lead Ally Not to Condemn Mugabe <a href="http://www.nytimes.com/2008/06/27/world/africa/27mbeki.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/06/27/world/zimbabwe_7575.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>South Africa’s president, Thabo Mbeki, is convinced that he can resolve the Zimbabwe crisis through patient negotiations with Robert Mugabe. Canada Offers an Apology for Native Students’ Abuse <a href="http://www.nytimes.com/2008/06/12/world/americas/12canada.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/06/12/world/school.75.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>The Canadian government apologized for forcing about 150,000 native children into government-financed residential schools where many suffered physical and sexual abuse. Israel Holds Peace Talks With Syria The governments confirmed that Israel and Syria have begun indirect peace talks, mediated by Turkey, aimed at reaching a comprehensive accord. Advice From White House Is Not Always Followed Israel’s decision to enter into peace talks with Syria is at odds with the course counseled by the White House.
With Mediator, Boeing and Union to Renew Contract Talks Negotiations to end a 45-day machinists union strike against the Boeing Company will resume with a federal mediator in Washington, D.C. Mr. Mugabe’s Latest Betrayal It will take a lot more international pressure to force President Robert Mugabe of Zimbabwe to respect a power-sharing deal with Morgan Tsvangirai. Former Finnish President Wins Nobel Peace Prize <a href="http://www.nytimes.com/2008/10/11/world/europe/11nobel.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/10/11/world/11nobel_75.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>Martti Ahtisaari has worked to end conflicts in troubled spots around the world for more than three decades. Companies Unlikely to Use Arbitration With Each Other This week, the Supreme Court will hear arguments in a case about the enforceability of arbitration agreements. Zimbabwe Rivals Strike a Bargain to Share Power It was unclear what a deal between the opposition leader Morgan Tsvangirai and President Robert Mugabe entails. Study Finds Settling Is Better Than Going to Trial <a href="http://www.nytimes.com/2008/08/08/business/08law.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/08/08/business/lawsuit75.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>A study of civil lawsuits has found that most of the plaintiffs who decided to pass up a settlement offer and went to trial ended up getting less money. Swimmer Pulls Out, Upsetting Her Rivals <a href="http://www.nytimes.com/2008/08/02/sports/olympics/02swim.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/08/02/sports/olympics/02swim.75.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>Jessica Hardy withdrew from the United States swim team, declining to pursue an appeal after a failed drug test. Change in Arbitration Panels Will Allow Investors Only Investors who think they have been wronged by brokers will be able to have their cases heard by panels consisting only of their peers, with no industry participants. Talks to Start on Zimbabwe Crisis South Africa is hoping to convene negotiations between Zimbabwe’s feuding political parties on Tuesday, one day after their leaders met face to face. Zimbabwe Rivals Tentatively Begin Talks on Political Crisis The talks between President Robert Mugabe’s ruling party and the opposition are preliminary, but their start is a victory for South African Thabo Mbeki, the regional mediator. Qatar, Playing All Sides, Is a Nonstop Mediator In an increasingly divided Arab world, the Qataris have fashioned a reputation as independent arbitrators. Complex Ties Lead Ally Not to Condemn Mugabe <a href="http://www.nytimes.com/2008/06/27/world/africa/27mbeki.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/06/27/world/zimbabwe_7575.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>South Africa’s president, Thabo Mbeki, is convinced that he can resolve the Zimbabwe crisis through patient negotiations with Robert Mugabe. Canada Offers an Apology for Native Students’ Abuse <a href="http://www.nytimes.com/2008/06/12/world/americas/12canada.html?partner=rssnyt&emc=rss"><img src="http://graphics8.nytimes.com/images/2008/06/12/world/school.75.jpg" border="0" height="75" width="75" hspace="4" align="left"></a>The Canadian government apologized for forcing about 150,000 native children into government-financed residential schools where many suffered physical and sexual abuse. Israel Holds Peace Talks With Syria The governments confirmed that Israel and Syria have begun indirect peace talks, mediated by Turkey, aimed at reaching a comprehensive accord. Advice From White House Is Not Always Followed Israel’s decision to enter into peace talks with Syria is at odds with the course counseled by the White House.
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