Meaning of ADR:
A specific disagreement concerning a matter of fact,law or policy in which a claim or assertion of one party is met with refusal,counterclaim or denial by the other.
Types of ADR:
1.Negotiaon
2.Mediation
3.Arbitration
Negotiation:
Negotiation involves two parties discussing and comparing to obtain an agreed solution.In that process normally a third party is absent.But if parties want they may appoint a third party for dispute resolution.Decision is not binding on the parties.
Mediation:
In that process a third party is involved for dispute resolution.Here third party only gives suggestions for resolving a dispute but parties are not binding to follow the suggestion.
Arbitration:
After failed negotiation or mediation arbitration comes to play the role for resolution of dispute.In that process third party is involved independently.Third party makes suggestion as well as imposes decision on the parties.Decision is called award and parties sign the decision.It is binding upon the parties.
Description of my involvement in a dispute and how I resolved it:
One day in school, me and one of my friends involved in a dispute for keeping our lunch box in the same place.She didn't want to keep her box another place and I didn't want also.So quarrel is going on.But sometimes latter we are discussing ourselves and agreed a decision that we keep our lunch box in the same place which place we like most but one day she keep and one day me.So she agreed and dispute is resolved in a harmony way.Since in this resolution process only we are involved and we are successfully resolving it without involved any third party.So it's the process of negotiation which is one kinds of ADR process.