Alternative Dispute Resolution refers to methods of resolving conflicts or disputes outside of traditional court litigation. It provides alternative options for parties to resolve their disputes in a more informal and collaborative manner. ADR methods include negotiation, mediation, and arbitration. In negotiation, parties communicate directly to reach a mutually acceptable agreement. Mediation involves a neutral third party who helps facilitate discussions and assists the parties in finding a resolution. Arbitration is a more formal process where a neutral arbitrator makes a binding decision after hearing arguments from both sides. ADR can be faster, less expensive, and more flexible than going to court, offering parties more control over the outcome of their dispute.
