ADR - Alternative Dispute Resolution

ADR

What is ADR?

ADR is the abbreviation of Alternative Dispute Resolution which stands for methods used for out-of-court conflict resolution.

ADR is a system of techniques and procedures that aim at effective settlement of disputes.

ADR are characterized as ‘alternative’ in order to emphasize on their distinction from the traditional court proceedings.

ADR methods are negotiation, mediation and arbitration.

Outstanding features of ADR methods are the participation of a third neutral and qualified party; within a regulated procedure; voluntary entered by both parties seeking to reach an expedited and mutually beneficial agreement.