Review:
Alternative Dispute Resolution (adr)
overall review score: 4.5
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score is between 0 and 5
Alternative Dispute Resolution (ADR) is a method of resolving disputes without going to court, typically involving negotiation, mediation, or arbitration.
Key Features
- Negotiation
- Mediation
- Arbitration
- Neutral third party facilitator
Pros
- Faster and more cost-effective than litigation
- Allows parties to maintain control over the outcome
- Less formal and stressful than court proceedings
Cons
- Dependent on the willingness of both parties to participate
- May not always result in a binding resolution