The sources provide an extensive overview of Alternative Dispute Resolution (ADR), defining the concept, outlining its historical institutionalization from ancient practices to modern international treaties, and detailing its core principle of Party Autonomy. The text compares and contrasts the primary methods of ADR, mediation and arbitration, explaining the roles of neutral parties and emphasizing the advantages (speed, cost, confidentiality) and disadvantages (limited appeal, reduced disco...
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The sources provide an extensive overview of Alternative Dispute Resolution (ADR), defining the concept, outlining its historical institutionalization from ancient practices to modern international treaties, and detailing its core principle of Party Autonomy. The text compares and contrasts the primary methods of ADR, mediation and arbitration, explaining the roles of neutral parties and emphasizing the advantages (speed, cost, confidentiality) and disadvantages (limited appeal, reduced disco...
Glossary of Key Terms Association: A group of individuals formally organized for a joint purpose.Charter: A formal document granting rights or privileges by a ruler, government, or other authority.Collective Entity: A group or organization that acts as a single unit.General Incorporation Laws: Statutes that allow businesses to become corporations by meeting certain standardized legal requirements, without the need for a specific charter from the government for each individual case.Guild: A me...
Legal English Innovation SAS
The sources provide an extensive overview of Alternative Dispute Resolution (ADR), defining the concept, outlining its historical institutionalization from ancient practices to modern international treaties, and detailing its core principle of Party Autonomy. The text compares and contrasts the primary methods of ADR, mediation and arbitration, explaining the roles of neutral parties and emphasizing the advantages (speed, cost, confidentiality) and disadvantages (limited appeal, reduced disco...
