Being able to settle a dispute via a neutral third party is enticing. And I'm a big fan of arbitration. But you're not thinking of arbitration, you're thinking

Being able to settle a dispute via a neutral third party is enticing. And I'm a big fan of arbitration. But you're not thinking of arbitration, you're thinking of binding arbitration. That's where a 3rd party is picked (in these cases, picked by the corporation) and then both sides must do whatever that person says, regardless of whether they find it fair.