What does Alternative Dispute Resolution mean?
Alternative dispute resolution (ADR) encompasses a range of options for parties in a dispute. It may be as simple and non-binding as a discussion between the parties or it may be more complex, involving a neutral decision maker whose decision is final and binding. The following is a description of those processes from least formal and non-binding to more formal and binding. Negotiation – This is generally a discussion between two parties in an attempt to resolve a dispute. It may be very informal and involve only those who are directly affected by the dispute, or the parties may wish to involve a trusted friend or advisor. Mediation – This is a voluntary process involving a neutral “mediator” whose role is to help the parties negotiate. Conciliation – This is a dispute resolution process which is similar to mediation. However, in conciliation, the parties do not deal directly with each other; rather, they rely on the conciliator to carry information from one party to the other. Through