For finding overlapping polygons/slivers in ArcGIS 10 you want the to use the Data Review toolbar. Specifically you want to go: Data Reviewer toolbar > Feature on Feature Checks > Polygon Overlap/Gap is Sliver Check.
Specifically:
The Polygon Overlap/Gap is Sliver check finds overlaps and gaps that can be considered slivers
http://help.arcgis.com/en/arcgisdesktop/10.0/help/index.html#//0102000000mt000000

If it is an issue of aligning overlapping polygons properly then you can use the information here to help deal with that issue:
Correcting gaps and overlapping polygon (parcels) geometry
The best way is to convert this shape file to file-geodatabase and build the topology in ArcGIS for "Must Not Gaps" and "Must Not Overlap".
The following tools may be of interest depending on the specifics of the situation:
Eliminate: http://resources.esri.com/help/9.3/arcgisdesktop/com/gp_toolref/data_management_tools/eliminate_data_management_.htm
Merges the selected polygons with neighboring polygons with the largest shared border or the largest area
Intergrate: http://resources.arcgis.com/en/help/main/10.1/index.html#//00170000002s000000
Integrate is used to maintain the integrity of shared feature
boundaries by making features coincident if they fall within the
specified x,y tolerance.
Snapping: http://resources.arcgis.com/en/help/main/10.1/index.html#//001v00000007000000
Moves points or vertices to coincide exactly with the vertices, edges, or end points of other features.