Many lawsuits for harassment, retaliation, and wrongful termination by employees have gone to arbitration and their legal rights taken away.
Offer letters state in the event of employee disputes with the company it needs to go into private mandatory arbitration.
If you live in CA you have up to 30 days after signing to opt out. Otherwise, if you are harassed or retaliated against you can't sue in a court of law but end up in a kangaroo court outside of the legal jurisdiction.