What is ADR?
ADR (Alternative dispute resolution) refers to the different ways people can resolve disputes without a trial.
2. What are the different methods of ADR?
There are two types of ADR.
Arbitration
Mediation
3. What are the purpose of ADR?
Its purpose is to provide parties involved in a dispute with an alternative and more efficient means of resolving their conflicts outside of traditional court litigation.
4. What are the advantages of ADR?
Parties can save money on legal fees, court costs, and other expenses associated with court proceedings.
Allows parties to resolve their disputes in a more timely manner.
ADR takes place in a less formal setting than a courtroom, which can reduce the stress and tension often associated with traditional litigation.
5. What are the disadvantages of ADR?
There is no guarantee that ADR will lead to a resolution
There might be a power imbalance between the parties
Parties may have limited options to challenge the outcome.