ADR Flashcards
what does ADR stand for?
Alternative Dispute Resolution
ADR are alterntive for what?
litigation
The two main forms of ADR are:
Mediation
Arbitration
What are the similarities?
There is a third party involved and both parties want to resolve before going to court
What are the differences between a mediator and an arbirator?
The mediator goes back an forth between the two parties. Both parties have voice
The arbitrator is between the two parties and he has the power to make the decition
Who decides which one of the two you use?
it is written in the contract
What if you’re unhappy with the result of the arbitration?
To bad, there is no appeal
If after mediation the other side doesn’t do what they have agreed, what do you do?
you can go to court
May a paralegal be a mediator?
Yes, you have to take a 40 hour course and, know the law, the judges.