Arbitration, just like plea deals, are an obviously terrible idea that is legal almost entirely because it reduces the cost of having trials. Less trials is cheaper, which everyone running things likes.
Of course, that's trading justice for money, which most people would agree is a terrible idea. Of course, that isn't reflected in the actual state of the law.
Of course, that's trading justice for money, which most people would agree is a terrible idea. Of course, that isn't reflected in the actual state of the law.