ADR Flashcards
1
Q
ADR
A
Alternative Dispute Resolution
2
Q
Two Main forms of ADR
A
- Mediation
- Arbitration
3
Q
Why do we need alternatives?
A
litigation is expensive, time consuming
4
Q
Mediation and Arbitration similarites/differences
A
Mediation is ordered by court, arbitration is agreed to in contract, in mediation almost nobody leaves with all of what they want, but in arbitration it is one person who decides everything
5
Q
How long does ADR take?
A
Depends
6
Q
Cost
A
Depends
7
Q
Should you?
A
Can you sit down and figure it out on your own?
arbitration- if you are unhappy, nothingyou can do.
mediation - other party doesn’t hold terms of contract you can sue for breach of contract
8
Q
Can a paralegal be a mediator?
A
sure, but probably won’t get hired.
