A Dive Into The World Of Alternative Dispute Resolution Processes

Alternative Dispute Resolution (ADR) provides a confidential and alternative method of tackling legal disputes which avoids going to court. ADR is the procedure for settling disputes without litigation, such as arbitration, mediation, or negotiation. The procedures of ADR are usually less costly. They are increasingly being utilized in disputes that would otherwise result in litigation, including high-profile labor disputes, divorce actions, and personal injury claims. ADR allows the parties to understand each other’s positions. It also allows the parties to come up with more creative solutions that a court may not be legally allowed to impose.

There are some terms that should be used during an alternative dispute resolution:

• Arbitration
• Binding
• Arbitrator
• Hearing
• Mediation

Alternative Dispute Resolution Processes

• Mediation: this has to do with talking through an issue with all the parties involved in order to come to an agreement. As long as both parties are willing to compromise with one another, mediation can remain an effective way of resolving disputes.
• Collaboration: this includes the parties bringing in someone to help them settle the issue. Each party affected by the issue will bring someone to join heads and solve it.
• Arbitration:  is a private process where disputing parties agree that one or several individuals can make a decision about the dispute after receiving evidence and hearing arguments.

About Olatorera Consultancy

Olatorera Consultancy Business Mediation resolves disputes between two or more established parties within 24 to 48 hours. All mediators are certified and all decisions are legally binding saving you time and costs associated with unresolved disputes or Judiciary processes.