ContractsProf Blog

Editor: D. A. Jeremy Telman
Valparaiso Univ. Law School

A Member of the Law Professor Blogs Network

Saturday, November 6, 2004

Korobkin on settlements

Russell Korobkin (UCLA) has a paper out on the SSRN network, The Role of Law in Settlements.

Litigants often view the choice between seeking an adjudicated outcome of a dispute and settling out of court as one between invoking the public rule of law as a dispute resolution mechanism on one hand and substituting private contract for law on the other.  This dichotomy overstates the difference in the role law plays in adjudication and in alternative dispute resolution (ADR).  Law significantly affects non-adjudicative settlements in two related but distinct ways.  First, the parties' substantive legal entitlements affect out-of-court settlement outcomes, because a litigant with a strong case can demand more as a condition of agreeing to a private settlement than can a party with a weaker case. . . .  Second, the legal rules governing settlement behavior and many of the rules governing the adjudication process also influence nominally private dispute resolution activities. This [second and] less-recognized effect of law on ADR is the subject of this article . . . .

http://lawprofessors.typepad.com/contractsprof_blog/2004/11/korobkin_on_set.html

Recent Scholarship | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00d8353fd54369e2

Listed below are links to weblogs that reference Korobkin on settlements:

Comments

Post a comment