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What is Understanding ADR Mechanisms for Lawyers about?
ADR (alternative dispute resolution) refers to methods of resolving disputes outside of litigation, such as arbitration, mediation, negotiation, conciliation, and lok adalat. ADR methods are usually less costly and more expeditious than litigation. The key ADR methods are arbitration, where a third party makes a legally binding decision; mediation, where a third party facilitates negotiation between the parties; and negotiation, where the parties directly engage in discussions to reach a mutually agreeable
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- Anonymous nFAvJWraGG
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- EN