Review:
Alternative Dispute Resolution
overall review score: 4.5
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score is between 0 and 5
Alternative dispute resolution (ADR) is a set of methods and techniques used to resolve conflicts without resorting to litigation. It provides parties with a less adversarial and more efficient way to reach a mutually acceptable solution.
Key Features
- Mediation
- Arbitration
- Negotiation
- Conciliation
- Collaborative law
Pros
- Cost-effective compared to litigation
- Faster resolution of disputes
- Confidentiality in proceedings
- Less adversarial than traditional court proceedings
Cons
- Lack of enforceability in some cases
- Potential for power imbalances in certain situations