All disputes, whether in difficult business negotiations or full
scale litigation, can become a drain on resources, sapping money,
time and management focus and destroying important commercial relationships.
ADR offers the chance to add a fresh dimension to negotiations
and to cut the cost of conflict in both time and money.
ADR incorporates a range of techniques and approaches for resolving
disputes other than by litigation or arbitration. In particular,
its advantages are:
Speed
ADR processes can be set up as quickly as the parties wish and
usually last only a day or two.
Cost
ADR processes cost a fraction of the cost of litigation.
Confidentiality
ADR processes are confidential, therefore avoiding unwanted
publicity.
Control
Unlike a court hearing, the parties themselves remain in full
control of an ADR process, and of any settlement agreed. Parties
can reclaim their rights if no settlement is reached.
Commercial Focus
In ADR the parties’ personal or commercial interests,
as well as their legal rights, can influence the resolution,
and more creative settlements can be reached than in court.
Business Relations
ADR processes are significantly closer to business negotiations
than to adversary courtroom procedures, so business relationships
can be reserved.
ADR can be used either before or at any time during litigation or arbitration procedure.
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