Please enable JavaScript.
Coggle requires JavaScript to display documents.
adr evaluation 2 - Coggle Diagram
adr evaluation 2
MEDIATION
advantages
cheaper than a court case, parties in control of process, future business and personal relationships maintained
disadvantages
one of the parties may be unwilling to take part in process, parties may be unwilling or unable to reach a settlement, result may not be binding on one or both parties
ARBITRATION
advantages
cheaper than a court case, arbitrator is qualified and experienced, arbitrator's decision is final and binding and can be enforced in court
disadvantages
process can be formal and complicated, likely to be more expensive than other forms of ADR, not a suitable process if there is a complicated point of law involved
CONCILIATION
advantages
cheaper than court, parties are in control of choosing conciliator and process, future business relationship preserved
disadvantages
one of the parties may be hostile towards the other, either arty may believe that they are 'right' and not prepared to settle, court proceedings may be the only way to resolve the dispute
NEGOTIATION
advantages
straightforward contact between parties, low/no cost, no need for lawyers, parties are in control, relationships between parties preserved, continued business relationship
disadvantages
one of the parties may not be prepared to negotiate with the other, one of the parties may be hostile towards the other, either party may believe they are 'right' and not prepared to settle, court proceedings may only be the only way to resolve the dispute