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When should you try your hand at baseball arbitration?

The end of 2005 saw the denouement of a major dispute between Winterthur and XL following 'baseball arbitration'. Chris Foster of Herbert Smith explains the rules of this high-stakes game

Originally used for determining baseball players' salaries, 'baseball arbitration' (as it is now called) offers advantages if used in the right circumstances, but it is neither without risk nor for

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