In any state or federal court for any legal dispute, alternative dispute resolution (ADR) has become a crucial component. Whilst opportunity is provided to the litigator to resolve disputes using the process of ADR, the bigger advantage is that the dispute can be resolved without waiting for a legal trial.
The demand for alternative dispute resolution (ADR) is increasing day by day and more & more people are resolving their disputes, be it legal or not, outside court through the method of mediation or arbitration.
- Inexpensive
Due to the absence or “no involvement” of any legal trial/ judicial trial, the total cost of dispute resolving comes out to be very low compared to the cost in case of regular litigation and claim process.
In cases of regular litigation and trial scenario, the cost involved in attorney fees, copying and mailing cost, and the reporting cost while the discovery process develops, can rack up the bills and empty your pocket. Especially when it’s business litigation, the cost and the time dedicated in the litigation along with the process of litigation can be effectively utilized to focus on the business.
In addition, the regular method is very lengthy. You can’t expect the court to pass any judgment on the litigation fast. It can take months for the court to decide and some people might not have time as a luxury to afford. On the contrary, through the use of ADR, streamlined resolution can be achieved faster, and in lesser cost.
- Faster and more flexible results
Regular litigation registered with the court can take years before the litigator gets a chance to finally appear before the court and represent themselves to achieve resolution. ADR, compared to the regular trial process is a much swifter method to reach an appropriate, more likeable decision, and that too in less time. Each participant can schedule a meeting with the ADR without worrying about the court schedule.
- Confidentiality
Confidentiality has always been a major issue in case of court cases. All the court cases and every other aspect related to it, be it judgement or opinions are usually stored in public record. However, the results or solutions achieved with ADR process is confidential. If two parties settle their disputes through arbitration or mediation, no segment or even a small information is disclosed to the public, and no public record of the particular settlement is available. So, no person, with good or bad intentions will get to know what developed at the negotiations or what was the amount of settlement.