Again: Watch those arbitration provisions in contracts!

We have come across still another decision from an Ohio court of appeals which again shows that Ohio Courts will somewhat strictly enforce arbitration clauses in contracts.  In that regard, we again (we have blogged about this a few times before) encourage all of our readers to carefully review ALL of the contracts they are signing to see if there is an arbitration provision in that contact.  Contrary to popular belief, arbitration is NOT less inexpensive than filing a lawsuit in Court (the filing fees are much higher and arbitrators get paid by the hour [judges are free]).  Further, arbitration is often "binding" in that neither party has the right to any appellate review of the decision of the arbitrator. Be careful out there . . . .