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Iamp;#39;m consumer lawyer Eric Seidel with this one minute tip you know when consumers ask me what to watch out for when they sign contracts I often say the biggest thing to watch out for is an arbitration Clause companies are learning to slip these into just about any kind of contract even one for buying a car if youamp;#39;ve already bought a car chances are youamp;#39;ve already signed an arbitration Clause youamp;#39;ve signed one if youamp;#39;ve bought a cell phone or Internet service joined a gym got a credit card open a bank account even if youamp;#39;ve gotten a job chances are you guessed it youamp;#39;ve signed an arbitration Clause a recent study shows companies put them in 75 percent of contracts these days but hereamp;#39;s the problem by agreeing to binding arbitration you as a consumer lose your day in court instead of going to say small claims court you have to go before an arbitrator chosen by the company they make the final decision on your case even if ita