Mediation and alternative dispute resolution - Stacks Law Firm
If you’re facing a business dispute, let the experts at Stacks help you come to a resolution in a way which is the least costly to you and your business.
Alternative dispute resolution (ADR) processes exist as an option for individuals or businesses in dispute to try and resolve conflict other than by way of formal court proceedings.
Indeed, most courts have now formally integrated ADR processes as a way to try to help parties, in appropriate circumstances, to achieve resolution of issues in dispute prior to trial.
There are many different types of ADR, the common characteristics generally being that the parties agree to a neutral third person becoming involved on a confidential basis to help them reach their own agreement. The most commonly cited advantages to an ADR process are that the procedure is less formal and costly, and there is more scope for a creative resolution to be achieved. Courts are confined to more traditional remedies.
Different types of ADR processes:
- Negotiation
- Mediation
- Facilitation
- Conciliation
- Arbitration
If you think ADR might be of assistance to help you resolve your dispute, and you would like more information, contact a member of the Stacks Law Firm commercial litigation and dispute resolution team.
Our practitioners are skilled in court litigation as well as a range of alternative dispute resolution mechanisms to ensure that your business achieves the most appropriate cost-effective resolution.
Need to speak to a lawyer about an alternative dispute resolution matter? Call us today