Is Alternative Dispute Resolution a Feasible Alternative to Litigation?
Let me commence with the answer to my question above – Yes, in a heartbeat, for reasons including, speed of resolution, flexibility, cost saving and the satisfaction gained from resolving one’s own problems rather than having a decision foisted upon one by a judicial tribunal. This will be achieved by having a dispute resolution clause centered on Alternative Dispute Resolution professionally drafted and inserted at the time of negotiating contracts or drafting terms of trade.
Know more helpful information about ADR in this AMAAS Blog Series.
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