What are the differences between ADR and litigation?
An example of an AI chatbot conversation about the differences between ADR and litigation.
What are the differences between ADR and litigation?
ADR, or Alternative Dispute Resolution, includes methods like mediation and arbitration, while litigation is a formal court process.
Which one is usually faster?
ADR is generally faster than litigation because it avoids the lengthy court procedures.
Are there any situations where litigation is preferred?
Yes, litigation may be preferred when a legal precedent is needed or when parties want a binding decision from a judge.
What are the costs associated with each?
ADR typically has lower costs due to shorter timeframes and less formal procedures, while litigation can be quite expensive due to court fees and attorney costs.
Can you give examples of ADR methods?
Sure! Common ADR methods include mediation, arbitration, and negotiation.
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