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 Compliance: The act of adhering to rules, laws, and regulations established by governing bodies, both internal and external.Regulations: Rules or directives issued and enforced by an authority, designed to govern behavior or activities in a specific area.Jurisdictions: The official power to make legal decisions and judgements over specific territories or areas.Non-Compliance: Failure or refusal to obey rules, laws, or regulations.Reputational Damage: Harm to an organizat...
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...