What Is The Full Form Of ADR In Law?
ADR full form in law is Alternative Dispute Redressal. Just consider an alternate version of real court in the modern legal field, which provides several means through which you can resolve disputes without getting on the courtroom floor. Why go for ADR? It’s faster, cheaper, and more private, so it becomes an option for most parties in a dispute. In the fewest possible words, ADR is an entirely different way in which the involved parties come to an amicable decision and avoid the whole drama of a court case. They include mediation, arbitration, conciliation, negotiation, and transaction. Each one of these is a different category with an exclusive method of doing things. For example, in mediation and conciliation, there is a neutral person who has to get everyone to agree. In an arbitration, a final decision is put forward by an arbitrator.
What Else Should You Know About ADR?
It is all about working together, mediation is an option taken to try and find common ground with the help of a mediator, who is there to make communication easier and not to decide who is right and who is wrong. The process is much cheaper and more flexible, while the mediator takes the role of a guide for the conversation, rather than taking either party’s side. Arbitration is somewhat like being in a court, only that it is done in a much more private environment.