Frank S. Forbes is professor of law and society in the College of Business Administration of the Univeristy of Nebraska at Omaha. He holds the J.D. degree from the University of Iowa. The author wishes to express his appreciation to the Small Business Administration, which funded the research upon which this article is based. He also thanks his graduate assistant, Laura llcisin, for service of the highest quality.
The law of Nebraska as it relates to arbitration is reviewed, including its historical development and procedural requirements. Special note is made of how the law affects the use of arbitration by people operating small businesses. Data from surveys conducted among these business people, as well as attorneys, are analyzed to determine attitudes toward the use of arbitration for dispute resolution in the state. The surveys also indicate the extent to which the method is currently being utilized. The author provides suggestions for modifying the Nebraska arbitration law to make the procedure a more attractive alternative to litigation in the courts.