mrD
some questions.
I know you aren't saying the people entering into binding arbitration don't know they are when they actually go to arbitration. They may not have read the part of a contract where they agreed to binding arbitration but somewhere along the line they are informed.
What I'm saying is that they usually don't know until it's too late. They're usually informed when their lawsuit gets abated, and they get ordered to arbitration. Why? Because most people can't even spell "arbitration," much less tell you what it is, so even if they read the clause, they have no idea what the hell they're agreeing to. To the tiny percentage who really do know what they're getting into, they have no leverage, so they don't put much priority on it anyway. They assume there's no way out of it, and usually, they're right.
For example, I know what an arbitration agreement is and what the risks are of having one, but do you think I could have negotiated a deal with MasterCard not to put one when I got my first credit card? No chance in hell, so to be honest, I basically glossed over it and gave it little thought.
They may be outside the court but are they outside our laws?
To a point, they certainly can be. For starters, the law gives everyone the right to generally have a trial by jury and to appeal. The whole point of arbitration is to operate outside those laws.
In current binding arbitration agreements whose laws are followed?
You'd have to look at the agreements at issue.
In sharia law are women and children equal to men? . . . Sharia is harsh espousing the ultimate supremacy of Islam even above a country's laws.
I'm far from a Sharia law expert, but I would assume that it's not particularly favorable to women and children. However, there are to points that the anti-Sharia people seem to miss. First, nobody is forced to take his or her dispute to a Sharia tribunal. If a Muslim woman wants to file her case in a civil court and exercise her right to a trial by jury, she can do that. However, if she chooses to put her faith in a Sharia tribunal, what business of it is yours?
Hell, an agreement to submit to a Sharia tribunal is far more voluntary than most arbitration agreements. If you don't want to submit to a Sharia tribunal, you can walk away. Don't be a Muslim, or don't go to a mosque where they try to get you to use their tribunals. However, people who sign arbitration agreements are usually doing so as a condition of having a job, having insurance, or having a credit card. They have to forego a hell of a lot to avoid arbitration.
Second, a Sharia tribunal may apply a different law than what a US court would apply, but that can happen just as easily in a arbitration agreement as well. Within certain guidelines (which would apply just as much to a Sharia tribunal as would apply to arbitration), parties can agree to have any laws they want adjudicate their case.