Definitely read this op-ed in the L.A. Times by Nan Aron, president of the Alliance for Justice. Perfectly encapsulates the myriad problems with forced arbitration, and includes this pithy metaphor:
Imagine the Dodgers have just won the pennant and are going to play the Yankees in the World Series. But the rules have changed: All games will be played in Yankee Stadium. And there are new umpires, hired and paid by the Yankees. With rules like that, the Dodgers wouldn't stand much of a chance.