Today, we’re in Episode 8, and we are talking about arbitration. As we’ve done for all the other processes, I’m going to talk you through a couple of basic elements or questions about arbitration. I’m going to try to give you a general overview of what it is, of who’s involved in the process, of who talks to whom in an arbitration process, of where things would take place, what happens when you agree on terms, and what happens in arbitration when you don’t agree on terms, what the level of lawyer involvement is, and the likelihood of spending time in court, and then, finally, what are some of the pros and cons of the arbitration process, and what kinds of cases is it right for.