Our June 11th blog post broadly discussed arbitration and the upward trend of including mandatory arbitration clauses in agreements.  This week, we analyze the pros and cons of arbitration to elucidate when arbitration clauses are useful and when they are potentially harmful.   In arbitration, individuals and entities bring legal claims against one another outside the public court system.  Although many aspects of arbitration are similar to a civil court trial, arbitration has a number of key differences.   Pros Speed – Arbitration is generally faster than litigation. Whereas litigation often takes years, the arbitration process may only take a few months. However, arbitration can take longer when there are…