Saturday 6 October 2012

Alternate Dispute Resolution (ADR)

An informal process to resolve disputes. Involved parties meet with a trained third party who assists in resolving the problem by arbitration, mediation, judicial settlement conferences, conciliation or other methods. Though usually voluntary, ADR is sometimes mandated by a judge as a first step before going to court. 



Image source: http://daytonaero.com/wp-content/uploads/2012/06/alternate_dispute_resolution.jpg

-Sachin V

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