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VIRTUAL COURT

Move over Judge Judy, virtual court is now in session. Using a format modeled after online auctions, National Arbitration and Mediation (Nasdaq: NAMC) has opened the first online electronic dispute resolution site. For a $25 submission fee per settled case, you can submit three confidental and secure offers for negotiation. All parties agree to be legally bound by the settlement whenever it meets the criteria set by the minimum settlement amount. Take the five-minute demo and see how it works for yourself. Electronic dispute resolution; what will they think of next? (Publisher's note: Normally we don't bring you reviews of a purely commecial site, but this was interesting enough to make an exception).

Tue, 16 Nov 1999 13:35:03 -0800