SUMMARY: Module 2: ADR Flashcards
Negotiation
informal period of back-and-forth offers between parties (or their attorneys) prior to the beginning of any legal proceedings.
What is the method by which many legal disputes are solved simply?
Negotiation
Mediation
Negotiation that is facilitated by a trained mediator, who tries to get the parties to collaborate on developing a mutually satisfactory solution.
T/F: The mediator will not attempt to issue a decision or impose a solution
T
Arbitration
the private equivalent to a trial, in which an arbitrator (usually a retired judge or experienced attorney) will hear evidence from both sides to a dispute and issue a decision
Is arbitration always binding?
No - Depending on the type of arbitration, the result may or may not be binding
Involuntary arbitration
form of arbitration that’s required by law, either because of statute or court order (for instance, in court cases with an amount of less than $50,000 at issue)
____ arbitration results may be appealed to court
Involuntary
Mandatory arbitration
arbitration that’s required under the terms of a contract, rather than being able to proceed straight to a lawsuit if a dispute arises concerning that contract
____ type of arbitration is usually binding
Mandatory