Alternative Dispute Resolution
Traditional litigation can often be time-consuming and expensive. For businesses seeking to resolve disputes without having to turn to the courts, alternative dispute resolution (ADR) can be an attractive option.
ADR is efficient and flexible, offering participants the opportunity to tailor a process that results in a mutually acceptable resolution that fits their unique situation. Mediation is one of the more common forms of ADR. In mediation, a neutral third party that often has some specialized background helps the parties develop options and consider alternatives to reach a consensual settlement. Another common type of ADR is arbitration, where one or more arbitrators examine evidence and hear testimony before rendering a decision, basically assuming the role of both judge and jury in civil litigation.