ADR Flashcards
negotiation
parties themselves
mediation
those in dispute get help from third party= fascilitate a compromise
conciliation
independent third party plays an active role suggesting a. solution
arbitration
parties allow third party to make judgement over their dispute = binding
negotiation advantages
cheap ( no lawyers)
direct approach - face to face letter or email- no one else involved
preserves relations
used at any point before court
negotiation disadvantages
need to be on speaking terms, time wasted if not worked, hard to enforce decision
describe mediation
neutral mediator consults each party to find common ground . acts as fascillitatir but doesn’t give an opinion. parties can be in diff rooms. parties can withdraw , no guarantee it will work
MINI TRIAL:
presenting cases to a panel, executives decide
mediation advantages
private
select a mediator = legible
cheaper
less stressful
maintain relationship= encourages corporation
parties can withdraw
decision= common sense compromise not law
good success rate of 80%
mediation disadvantages
need goodwill on both sides
if failed = time wasted
hard to enforce
expensive
mediator lacks competence
smaller amount received than if thru court
brief description of conciliation
active role, suggests ways to solve
ACAS= employment disputes
parties must agree, decisions can’t be imposed
no guarantee of solutions
conciliation advantages
private,
chose own conciliator= flexible
wuicker, cheaper less stressful
encourages cooperation
can withdraw
common sense not law
disadvantages of conciliation
needs goodwill, waste of time, hard to enforce, expensive, smaller amount received than court
describe arbitration
Governed by abit ration Act 1996.
Both parties voluntarily agree for a neutral third party to make a binding decision over their dispute.
Arbitrator can be chosen or named by court
process can be agreed by both parties ie court date
courts refuse cases w. a Scott V Avery clause
can be formal hearing like a hearing or informal gia paper
final result is an award = enforceable
can be appealed due to irregularities in proceedings or law error
Eg holiday and insurance companies= private
advantages of arbitration
private, experts used can be selected,
flexible, cheaper. less stressful, bonding, award can be appealed
advantages of arbitration
private, experts used can be selected,
flexible, cheaper. less stressful, bonding, award can be appealed