What is ADR?
The term alternative dispute resolution (ADR) means any process in which the parties to a dispute agree to enlist the aid of a third party to help them reach an agreement and prevent litigation. There may be many different reasons why an individual would need to settle for an ADR, and it is important to get the right help to move along with your negotiation in a timely manner. It is a great idea to have an ADR attorney at your side while going through this process, to ensure you have the very best resources with our knowledge in ADR proceedings. To get you the best outcome for your dispute we recommend an attorney to guide you through such complex problems a person may be facing. You will save your time by hiring an ADR attorney instead of having to go through the hassle of court by resolving your differences.
What are the different types of ADR?
Mediation-
Mediation is the process in which a third party assists both disputing parties in the case with their differences to agree in settlement but is not decided by the third party. The third-party acts as a mediator to help resolve the issues between the two parties involved and offers realistic expectations to reach an agreement that will benefit both sides.
Settlement-
Settlement is a procedure that happens to resolve issues before the end of a trial judgement to avoid costs of litigation or other various reasons one may want to settle to reach an agreement. Most civil matters end in a settlement agreement that include third parties such as insurance adjusters to determine and agree on the amount of monetary damages needed to be paid by defendant.
Arbitration-
Arbitration is the course of action in which the parties move forward with a person or persons who will generally decide settlement for them after receiving information on each side of the argument. This acts as a case in trial except without the help of the courts and is typically the most frequently used type of alternative dispute resolution in a case.
Negotiation-
Negotiation is the action in which both parties compromise their differences to satisfy their needs and end the dispute where each side will gain something and lose something. All participants may come up with some sort of negotiation before proceeding with trial and is done in a private matter.