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The Nature Of The Arbitration Process, William M. Hepburn, Pierre R. Loiseaux
The Nature Of The Arbitration Process, William M. Hepburn, Pierre R. Loiseaux
Vanderbilt Law Review
The process of reaching a decision in labor-management arbitrations involves many uncertain factors. As to the final result in a case, we can perhaps say that it is in accord with the contract of the parties or that it is not; that it is "fair" or not; "practical" or unworkable; or that it accords with "public policy" or violates it. Some or all of the criteria discussed in this article may be satisfied in a particular case, but, as is proper, the parties are most often interested in basic equities, in whether an award can be brought within the ambit …