Alternative dispute resolution methods continue to be one of the most preferred strategies for dealing with various kinds of disputes, whether they arise from bankruptcy, attorney malpractice, asbestos liability, commercial employment, or contractual litigation. But why is that the case? ADR methods such as mediation, arbitration, negotiation, and conciliation enable people in a contractual dispute to resolve their matter out of court. If you are a party to such a dispute, you will not have to go through the process of hiring a lawyer. Therefore, paying huge attorney fees will not be something you will have to deal with.
Going to court can be a tiring and time-consuming endeavor. Your case may take a long time before a determination or judgment is arrived at. That will not only take too much of your time but also money. Going to the appellate court due to not getting justice will only require you to pay your attorney more. Fortunately, you can stay clear of long court cases by opting for alternative dispute resolution methods. One of the most flexible ADR methods is negotiation. In this setup, the conflicting parties try to solve their dispute directly or can involve a solicitor. Such an approach does offer a wide range of benefits.
Privacy Comes First
A court case tends to attract the public eye. So, your privacy is likely to be at risk. Some of the confidential information regarding you or your household might get to unauthorized persons. To avoid such a situation, you can opt for negotiation as a way of resolving your differences. Companies can negotiate on a proper way to settle their commercial disputes instead of suing each other. It will enable them to save more time and concentrate on their fundamental objectives. Most importantly, they do not have to wash their dirty linen in public since reputation is at stake.
Negotiation provides that confidentiality which court trials lack. When the conflicting parties solve their differences, there is no need to inform the public. The settlement agreement is kept private between the parties involved in the negotiation. Such an act keeps the reputation of both factions in check.
Flexibility
Courts have a system that needs to be followed to the latter. You do not just show up in court, and your dispute is resolved immediately. The wheels of justice tend to turn slowly. That is because the judicial system tends to be rigid, whereas alternative dispute resolution methods offer some flexibility. You can have your reconciliation meeting anytime you deem fit. For court cases, dates are set for a hearing or trial. That rigidity will make your patent dispute drag on for a long time, causing more frustration.
Negotiation will require less time to resolve your dispute, thanks to its flexibility. Besides, you can incorporate other ideas that will make the conflict resolution process easier and faster.
Save On Cost
Hiring an attorney can be both daunting and expensive. To get a lawyer that will represent you well in a court of law takes time. It is a process that will require you to conduct thorough research. The right lawyer is one with experience and affordability. Unfortunately, getting such a combination is not as easy as you might think. Fortunately, negotiation will take away the burden of attorney fees from you. All you need is someone to oversee your negotiations to arrive at a fair resolution resolution.
Finality To A Dispute
Negotiation will prevent the conflict from escalating. Every party will express their grievances, and a determination that is acceptable to all will carry the day. There is no need to go to the appellate court due to dissatisfaction. The dispute is solved once and for all. There will be no bad blood between the parties that were once in conflict. With the dispute behind them, they can focus on their daily activities without any worry or spite.
Conclusion
Long court cases, high attorney fees, and failure to get justice are some of the reasons why many people are resorting to alternative dispute resolution methods. Negotiation, mediation, arbitration, and conciliation are some of the ADR methods that provide a platform for out-of-court settlement. There is no need to hire a lawyer. You need a competent individual to oversee the process of resolving a conflict.
