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.
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.
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.
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.
5
Q
Conciliation
A
-the neutral person is allowed to play an active role and suggest possible resolutions to parties.
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.
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.
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.
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.
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.