Jury waiver provision

{
  "id": "MLC-T-INS-001946",
  "term": "Jury waiver provision",
  "field": "Insurance and risk management",
  "definition": "A clause in a contract where parties agree to forgo their right to a jury trial in the event of a dispute, opting instead for a judge to decide the case. This provision is often included in commercial contracts to potentially expedite legal proceedings and reduce costs. The enforceability of such clauses can vary by jurisdiction.",
  "url": "https://mlchart.com/terminology/insurance/jury-waiver-provision/"
}