Alternative dispute resolution (ADR) refers to a set of processes and techniques that are used as an alternative to traditional litigation for resolving disputes between parties. ADR methods can be used to resolve a wide range of disputes, including commercial, civil, family, and employment disputes.
The most common forms of ADR include mediation, arbitration, and negotiation. Mediation involves a neutral third party who helps the disputing parties reach a mutually satisfactory resolution. Arbitration involves a neutral third party who makes a binding decision on the dispute. Negotiation is a process by which the parties themselves attempt to reach a resolution without the involvement of a third party.
One of the main advantages of ADR is that it is often faster and less expensive than traditional litigation. ADR can also be more flexible and less formal, which can make it more appealing to parties who want to preserve relationships or maintain confidentiality.
In many jurisdictions, ADR is encouraged or even required before parties can proceed to litigation. This is often done through court-mandated mediation or arbitration, or through clauses in contracts that require parties to attempt to resolve disputes through ADR before filing a lawsuit.
Alternative dispute resolution methods, such as mediation or arbitration, may be used as an alternative to litigation in some cases. These processes can be faster and less expensive than traditional litigation, and can allow the parties to reach a mutually satisfactory resolution without the need for a trial.
Overall, ADR can be a useful tool for resolving disputes in a timely and cost-effective manner, while also promoting cooperation and communication between the parties involved.
We can provide assistance for the arbitration process before DIAC ( Dubai Chambers and Commerce) and also SIAC ( Sharjah International Arbitration Centre) and other alternative dispute resolve jurisdiction.