Recognized as a leading text on arbitration, this pioneering work reflects years of teaching arbitration at U.S. and foreign law schools. The fifth edition represents a substantial update. It includes the four new U.S.S.C. opinions (Hall Street Associates, Vaden, 14 Penn Plaza, and Arthur Andersen). It also provides updates on proposed anti-arbitration legislation (the Fairness in Arbitration Act), consumer and employment arbitration cases, and the latest developments on manifest disregard of the law. The general coverage is complete, logical, and clear. The analysis is always impartial, probing, and stimulating. It explains basic concepts and emphasizes essential themes in the law