ADR Flashcards
What does ADR stand for?
Alternative dispute resolution
Why is ADR encouraged? (4 points)
- court expensive, unpredictable and lengthy
- lack of privacy in open court cases
- parties can maintain relationship
- ADR faster and more flexible
What are the 4 types of ADR?
Negotiation, mediation, conciliation, arbitration
What is negotiation?
Least formal, cheapest and easiest way to resolve dispute. Used to resolve any kind of civil dispute. Can be formal or informal and take place at any moment
What is mediation?
Neutral 3rd party facilitates discussion between parties to reach solution. Mediators don’t give their own options unless asked and decision isn’t legally binding
What is conciliation?
Conciliator plays active role in assisting parties to reach compromise. Often used in employment. Parties can withdraw anytime and not legally binding.
What is arbitration?
Uses independent arbitrator chosen by parties to make independent decision. Legally binding. Decision made by arbitrator is made with evidence.