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ADR - Coggle Diagram
ADR
Negotiation
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Details
Private, quickest & cheapest
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Advantages
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Can be used at any poiny, from beginning of dispute up to entering court hearing
Cheapest method, especially when both parties negotiate themselves
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Disadvantages
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Not suitable when parties are antagonistic towards each other, they cannot co-operate to create resolution
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Arbitration
An arbitrator hears both sides of the dispute and makes an award, normally final and enforced by the courts
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Advantages
Parties choose arbitrator so decide if technical expert, lawyer or professional arbitrator best
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Disadvantages
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Expensice if lawyers, witnesses used
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Conciliation
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Details
Similar to mediation but the conciliator will offer an opinion for compromise & settlement, more pro-active role
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ACAS (Advisory, Conciliation and Arbitration Service) gives impartial opinion on legal position
Advantages
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if court required, can shorten proceedings
Can withdraw at any time, agreement must be reached with both parties
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