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The acronym ADR represents Alternative Dispute Resolution. ADR encompasses all dispute resolution techniques that are alternatives to going to court. ADR procedures are ways to settle conflicts without resorting to court action or physical force. Effective communication and negotiation are the main goals of ADR, as opposed to the adversarial procedures used by the courts.
ADR encompasses several processes such as arbitration, mediation, conciliation, negotiation, Lok Adalat, and early neutral evaluation by a third party. Around the world, judges, solicitors, and parties are adopting alternative dispute resolution (ADR) methods in place of court action.
ARBITRATION
The client to evade the lengthy and complex process of litigation can opt to resolve their dispute by way of arbitration which is one of the Alternate Dispute Resolution Mechanism. One way for clients to settle their disagreements in secret is through arbitration. Through this method, parties can refer their dispute to an arbitral tribunal—the place where arbitration proceedings are conducted—instead of bringing it before a court. The arbitral tribunal makes a conclusion known as an “arbitral award” after taking into account the reasons for the parties’ disagreement. The arbitral tribunal has authority over the dispute’s course and resolution.TYPES OF DISPUTES THAT CAN BE SETTLED BY WAY OF ARBITRATION
The client can resolve their disputes by way of arbitration if their disputes fall under the following category –Civil conflict
- Construction disputes
- Disputes over contracts
- Business conflicts
- Conflicts over personal injuries
- Disputes over product responsibility
- Disputes about professional liability
- Conflicts over real estate
Other kinds of disagreements
- Conflicts in joint ventures
- Conflicts in partnerships
- Conflicts around intellectual property
- Disputes over insurance claims
- Conflicts between banking and non-banking transactions
- Reduced cost
- Efficient resolution
- Less emotional stress
- Flexibility with rules and procedures
- Control over the results
Amicus Publico LLP
Amicus Publico is a full service law firm since 2007, and it’s been converted into LLP. Since 2007 we are providing legal services for individuals as well as for a Company/Firm, who face any kind of legal hurdles, falling under any field of law.
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