Argument Resolution : Alternative Dispute Resolution

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ADR Defined
Alternative Dispute Resolution, commonly abbreviated ADR, is a method organizations and individuals use to resolve dispute without resorting to litigation. ADR methods help disputing parties to negotiate and come to an agreement or compromise without incurring the extra time, effort and fees required by courts and attorneys. Courts may review and ADR decision; however, if the final contract is sound, rarely will a court overturn a decision reached through alternative dispute resolution. Depending on the circumstances, ADR can be voluntary or mandatory.
Types of ADR
Mediators are trained to negotiate. They bring disputing parties together in order to talk about their disagreements and to find a reasonable solution to the problem. Mediation is used in a wide number of industries and situations. The mediator is an impartial and objective party who guides the meeting of parties and maintains a semblance of peace by helping them to find middle ground. Mediation is only effective if the parties eventually come to an agreement.
Arbitration is similar to a court trial. It includes a process of discovery and the presentation of evidence under simplified rules. Arbitrators are much like lawyers. The opposing parties can share one arbitrator or choose to have separate arbitrators who will then choose a third to sit on the arbitral panel. This ADR method is popular in construction and labor disputes, and it has been used in securities regulation; however, many modern
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