Alternative Dispute Resolution (ADR) encompasses various methods of resolving legal disputes without resorting to civil litigation. This includes processes like arbitration, conciliation, and mediation, which are often favored for their efficiency, cost-effectiveness, and less adversarial nature.
A 75-year-old organization available to resolve a wide range of disputes through mediation, arbitration, elections, and other out-of-court settlement procedures. The AAA provides cost-effective ADR resources to counsel, businesses, industry professionals, their employees, customers, and business partners.
An arbiter is a person appointed by a court to decide a controversy according to the law. Unlike an arbitrator, an arbiter's decision needs the court's confirmation to be final.
Arbitration is the process of resolving a dispute between parties through one or more arbitrators rather than in a court of law. It is commonly used in civil matters, particularly in commercial contracts, which often include arbitration clauses.
An impartial person chosen by the parties to solve a dispute between them. An arbitrator is empowered to make a final determination concerning the issue(s) in controversy and is bound only by his own discretion.
Binding arbitration is a method of dispute resolution in which an impartial third party, known as an arbitrator, makes a decision to resolve a conflict after reviewing the evidence and arguments presented by the involved parties. The decision is legally binding and enforceable in courts.
Conciliation is a process used in labor disputes where a neutral third party attempts to bring together management and labor to discuss and resolve their differences. The goal is to reconcile the disputing parties through facilitated discussion and negotiation.
A neutral party who studies the issues in a dispute and makes a recommendation for a fair settlement.
Negotiation is the process of bargaining that precedes an agreement between parties. It often results in a contract and can involve various stages and techniques to reach a mutually beneficial outcome.
