The inclusion of forum-selection' and arbitration clauses has become standard in commercial contracts throughout the United States.2 Parties choose to include these clauses for a variety of reasons: to provide a neutral or convenient forum, to reduce the risk of being sued in multiple forums where a party does business in many states,3 and in the case of arbitration clauses4 to avoid the high cost of litigation.'
Lee R. Hardee,
Enforcing Forum-Selection Clauses: The Federal Court Dilemma and the Arbitration Clause Alternative,
1990 J. Disp. Resol.
Available at: https://scholarship.law.missouri.edu/jdr/vol1990/iss2/7