This arbitration litigation cheat sheet provides a quick listing of consumer options when faced with an arbitration demand. Many employers ask employees to sign arbitration agreements, in which they give up their right to sue in court over jobrelated issues.Written contracts may contain an arbitration clause. By using such a clause, the parties agree to arbitrate any future disputes. When an agreement to arbitrate is included in a contract, it can serve to expedite peaceful settlement without the necessity of going through the arbitration. Arbitration is similar to going to court, but faster, cheaper and less complex than litigation. If the case settles, an arbitration will last around one year. Document with the Texas Comptroller of Public Accounts. SECTION 1: Property Owner Information. Financial Statements.