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What is Understanding Alternative Dispute Resolution about?
1. Alternative dispute resolution (ADR) seeks to resolve disputes through negotiation, mediation, arbitration, and other non-litigious processes in order to provide a faster, less expensive, and more satisfactory resolution than traditional litigation. 2. ADR approaches include negotiation directly between the parties, mediation involving a neutral third party, arbitration where a third party makes a binding decision, and hybrid processes. Formal ADR processes are connected to courts while informal method
- Author
- parthesh
- Language
- EN