Alternative Dispute Resolution encompasses a diverse spectrum of methods and techniques used to resolve disputes outside judicial systems (courts). ADR processes offer parties involved in disputes a more flexible, cost-effective, and time-effective means of finding mutually acceptable solutions. ADR plays a vital role in alleviating the burden on judicial systems.
The main ADR methods, utilized for both domestic and international disputes are as follows:
- Arbitration
- Mediation
- Negotiation
- Conciliation
- Neutral Evaluation
- Peer Review
- Collaboration
- Mini-Trial