Thanks for the feedback aspir, you really hit on the main point of conflict for me at this point. I haven't yet decided whether I want to bill this as a judging or negotiation service. In accordance with the Federal Arbitration Act of 1925, this type of dispute resolution actually is binding. The Supreme Court has ruled on this several times in fact. If the parties so choose, however, they may choose to state in the terms of the arbitration that judicial review may be sought afterwards as well.
I see the problem being more of whether people would be willing to have a binding decision enforced upon them by an online service. Establishing legitimacy while bootstrapping is going to be tough.
And yes, I will certainly get every set of lawyer eyeballs on this as I can before launch. Thanks again!
I see the problem being more of whether people would be willing to have a binding decision enforced upon them by an online service. Establishing legitimacy while bootstrapping is going to be tough.
And yes, I will certainly get every set of lawyer eyeballs on this as I can before launch. Thanks again!