ADR +&- Flashcards
(5 cards)
+&- of COST
+ cheaper than court -> represent themselves. Cases dealt with quicker. Little strain on parties
- skilled mediators expensive. Legal representation common -> parties don’t want disadvantage . Legal aid not available.
+&- of SPEED
+ disputes resolved quicker than courts - days / weeks vs 1 day mediation. Less stressful
- N M C not compulsory party may not attend. No guarantee resolution both parties have to co operate. Forced attend court -> costly and lengthy
+&- of PRIVACY
+ bad publicity avoided. Helps preserve relationships eg business more likely to continue to deal if resolved privately
- “day in court” -> max. bad publicity for dishonest party only provided by court system. N M C can’t be enforced -> no pressure to adhere = no resolution
+&- EXPERTISE
+ knowledge of specific area -> increasing chance of fair settlement. Judge doesn’t have specific knowledge.
- to keep cost down people use unskilled N / M. Unproductive procedure
What are the 4 A&D of ADR
Cost
Speed
Privacy
Expertise