Sidebar 5.4 in our textbook (The Legal and Regulatory Environment of Business) discusses trends relating to arbitration and indicates, among other things, that employment contracts are increasingly including arbitration clauses.

a. What would anemployerconsider to be the pros and cons of including an arbitration clause in an employment contract?

b. What would anemployeeconsider to be the pros and cons of including an arbitration clause in an employment contract?