Overview
Alternative Dispute Resolution (ADR) encompasses various methods for resolving disputes outside of traditional court systems. It includes processes like mediation, arbitration, and negotiation, which can be more efficient and less adversarial. ADR is particularly useful in business, family, and empl...
Key Terms
Example: In a mediation session, both parties discuss their issues with the help of a mediator.
Example: The arbitration ruling was final and both parties had to comply.
Example: The two companies entered negotiations to settle their contract dispute.
Example: In collaborative law, both parties commit to finding a solution that works for everyone.
Example: Knowing her BATNA helped her negotiate a better settlement.
Example: Confidentiality is crucial in mediation to encourage open communication.