Conflict avoidance, management and dispute resolution procedures Flashcards
1
Q
Are the forms of ADR?
A
Adjudication
Mediation
Arbitration
2
Q
What are the differences of arbitration and adjudication?
A
Adjudication - Fast decision (witihn 28 days )
Adjudication - is binding unless it’s over overturned
Adjudication - Cheaper
Arbitration - Is binding
3
Q
Whats the difference between adjudication and mediation?
A
Mediation -involves appointing a neutral, independent trained mediator.
Mediation is shorter
Mediation is not as formal
Mediation has lower cost