Running head: ALTERNATIVE DISPUTE RESOLUTIONS
Marlo A Colacchio
BUS 415
Joel A. Stiner
October 31, 2007
Alternative Dispute Resolution
Alternative Dispute Resolution (ADR) is a way of solving a problem using different methods other then litigation. The time for a court room and legal defense is a costly process that can take years before reaching a decision. Certain steps or methods should be considered before taking a case to trail. Arbitration is the most common method of ADR, other methods are mediation, conciliation, mini trial, fact-finding, and judicial referee.
Mediation comes into play when a negotiation does not come to a fair conclusion. A neutral third party is brought in to listen to each side of the conflict and set out new and old ideas that should be considered. Negotiation and Mediation is very similar, the only difference is coach is brought in to give pointers and exercises that could help resolve a conflict. Usually Mediation is welcomed, members......
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Approximate Word Count: 1046
Approximate Pages: 5 (260 words per double-spaced page) |