What is alternative dispute resolution?

When Florida business owners like you run into issues with litigation, who do you turn to? What can you do about it? Handling conflicts and disputes in a quick and efficient manner can help you maintain good business relations and recover from potential setbacks with greater ease.

Accordingly, having an arsenal of ways to handle disputes can be a lifesaver for you and your business. Cornell Law School discusses one such method: alternative dispute resolution, or ADR. This is an umbrella term for any method of conflict resolution that does not involve litigation. Generally speaking, the only time a court is involved is if they must approve of the ADR option you decide on, but it is very rare for them to overturn it. Different types of ADR can include:

  • Conciliation
  • Mediation
  • Arbitration
  • Negotiation
  • Early neutral evaluation

A popular ADR method involves the use of professional mediators, or relying on a legal expert’s negotiation abilities to reach a common ground with the opposing party. In many instances, it is actually more cost effective and beneficial to avoid taking your matters to court. Because of this, parties tend to be more willing to discuss ADR.

Business disputes can be a very concerning matter, especially as it may feel like your livelihood is at risk. If you are involved in a dispute and would like to look into ADR methods in order to solve it, consider contacting an attorney who is well-versed in business litigation. They can help you select a problem-solving strategy that will work best for you.