ALTERNATIVE DISPUTE RESOLUTIONS Flashcards

1
Q

Negotiation

A
  • parties try to settle the disputes by discussing it between themselves.
  • aim is to reach a compromise.
  • may be done by parties themselves or via their lawyers or in music/sport industries, their agents.
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2
Q

Ads of Negotiation

A
  • cheap, no need for lawyers.
  • can be used at any point up until trial.
  • both parties can achieve satisfaction, allows positive relationships to continue.
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3
Q

DisAds of Negotiation

A
  • many people “bluff” during negotiation, often settling on the day of trial thus having wasted time and money.
  • some people may lack legal expertise when negotiating thus may not achieve fair settlement.
  • some people are better “negotiators” then others thus meaning a fair settlement is not achieved.
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4
Q

Mediation

A
  • a neutral person helps parties reach a compromise by acting as facilitator.
  • does not offer any opinions on the case.
  • mainly used in relationship situations.
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5
Q

Conciliation

A

-the neutral person is allowed to play an active role and suggest possible resolutions to parties.

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6
Q

Ads of Mediation and Conciliation

A
  • decisions can be based on commercial sense and compromise rather than strictly by law.
  • avoids the adversarial confrontational nature of a court room.
  • everyone can feel like a winner.
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7
Q

DisAds of Mediation and Conciliation

A
  • no guarantee the matter will be resolved and often time and money is wasted on a process that doesn’t resolve the dispute.
  • relies on a “skilled and neutral mediator” and there is no guarantee that this will happen.
  • the amounts agreed in mediation are often less than a claimant would have won in a trial.
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8
Q

Arbitration

A
  • both parties voluntarily agree to have their dispute solved by a specific neutral arbitrator or panel of arbitrators.
  • often experts in the industry relevant to the arbitration.
  • governed by the Arbitration Act 1996.
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9
Q

Ads of Arbitration

A
  • usually cheaper and quicker than going to court.
  • conducted in private so a company’s legal matters stay out of the public eye.
  • the arbitrator will be chosen by the parties.
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10
Q

DisAds of Arbitration

A
  • no legal aid available and the cost of an arbitration hearing can be high.
  • it may not work and is not suitable in every type of dispute.
  • obtains an arbitrator and setting a mutually convenient date for a hearing may incur a delay.
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