Arbitragem trabalhista na visão econômica do Direito

The article will analyze the labor arbitration institute, from an economic point of view, in relation to the employer, employee and the society itself – art 507-A of the CLT. Aiming for the social growth for all, the rules must bring benefits to the community and be written in a clear and objective way to enable the understanding so that the population fulfills its legal rights and obligations. If a conflict arises, it can use one of the appropriate forms of conflict resolution – conciliation, mediation and arbitration – in order to minimize transaction costs. It is faster, less costly and more informal in relation to the Judiciary system. Economically, the standard in question presents favorable and unfavorable, but more advantageous for the parties involved.