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Essay On Alternative Dispute Resolution

1521 Words7 Pages

Introduction ADR stands for alternative dispute resolution, and it includes many different methods of settling disputes between parties. Using alternative dispute resolution to settle disputes gives the parties involve many benefits over litigation. Litigation can be understood as the process of resolving dispute between parties by filing or responding to compliant via the public court of law. With it disadvantages in some cases, litigation has its own advantages over ADR in some cases. Another means that can be applied in disputes resolution is criminal prosecution. This is the act of holding a trial against someone who is accused of committing a crime. Using any of the mentioned methods to settle a dispute will directly depends on the nature of the dispute and the parties involved. This paper responds to which method of dispute resolution will be applied following three different scenarios of dispute. Although either method can be applied in settling the different disputes, this paper clearly mentioned why one method is favor over another in settling the dispute.
Scenario one
The lack of proper workplace ethics and training is something that has caused corporate millions or even billions of dollars in terms of …show more content…

Mistakes are inevitable in our society and cannot be different in business. This kind of dispute must not discourage both companies in continuing their cooperation and business activities. Therefore applying negotiation as a method of ADR will definitely facilitate the resolution of the dispute and both parties will surely come out victorious as negotiation is win-win. In addition, both companies will spend less in the process of negotiation as they do not require to hire any other party in the process. Time which is a big factor in business will be

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