Should I sign an arbitration clause? What does it mean?

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Transcript:

Signing an arbitration clause is a big decision. Unfortunately, it’s often made in the heat of signing numerous other new hire documents and can fall through the cracks. Be careful about that. When you sign an arbitration provision, you’re agreeing to limit your rights and obligations and your rights and remedies should you ever have a dispute with that employer.

You might be waiving your right to a jury trial. You might be waiving damages and your right to ever be involved in a class action. That should not be done lightly. We would encourage you to not sign an arbitration agreement unless you’ve had competent counsel or it’s negotiated and you get something in exchange for giving up those rights.

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