#1 is false. Ask Google or Apple or JPMorgan Chase -- who get sued frequently, yet don't bother with arb clauses #2 is true in most instances, but in order to

#1 is false. Ask Google or Apple or JPMorgan Chase -- who get sued frequently, yet don't bother with arb clauses #2 is true in most instances, but in order to find out you have to actually go through the entire arbitration and pay your lawyers' bills #3 is very true, but that only adds to the idea that it's unethical. Companies put them in because the corporate defense bar thinks this is the new hotness -- and few of those folks have ever actually litigated any of these clauses.