Alternative Dispute Resolution
Alternative Dispute Resolution (ADR) refers to methods used to resolve conflicts outside of the traditional court system. In mediation, a neutral third party helps the disputing parties communicate and find a mutually acceptable solution, without making a decision for them. Arbitration involves an impartial third party who hears both sides of the dispute and makes a binding decision. Negotiation is the most informal approach, where parties directly discuss their issues to reach an agreement without third-party involvement. ADR is widely used in various areas, including business, family, and labor disputes, as it tends to be quicker, more cost-effective, and less adversarial than traditional litigation. It also allows for more privacy and flexibility in finding a resolution.