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Jury Waiver Provision

Jury Waiver Provision

Definition

A contractual provision by which one or both of the parties agree to waive the right to have a jury trial, replacing it with a bench trial as the default process to resolve disputes under the contract. Jury waiver provisions are frequently included in contracts because jury trials can be time-consuming and expensive. Furthermore, juries are perceived as more likely than judges to make extremely large damages awards.

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