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Benefits of Alternative Dispute Resolution (ADR)

HOW IT WORKS:

Traditional dispute resolution usually involves litigation, which can be both costly and time-consuming.

Alternative Dispute Resolution (ADR) has come to mean a variety of processes including negotiation, conciliation, mediation, and arbitration.

It is now widely recognized that ADR produces a number of benefits that more adversarial processes for resolving disputes, such as litigation, cannot create.

 

THE BENEFITS OF ALTERNATIVE DISPUTE RESOLUTION INCLUDE:

  1. potentially-significant cost savings
  2. time savings
  3. maintaining privacy — so that proprietary business practices are kept from the public and competitors
  4. enhanced client service, increased employee satisfaction and positive public relations
  5. preserving business relationships
  6. greater efficiency and less diversion of productive management time
  7. reducing business uncertainty
  8. avoiding unfavourable publicity
  9. maintaining control over the dispute resolution process