Benefits of Alternative Dispute Resolution for Commercial Cases

Intellectual property

In the 1980s executives and legal experts began discussing the potential of alternative dispute resolution (ADR). It could be a much more cost-effective method of settling disputes that kept companies out of courtrooms and would prevent the types of litigation and settlements that could devastate both the claimants and the defendants.

Over the course of a few years hundreds of large commercial cases went through the ADR process and many corporations reported significant savings of both time and money. To reap the greatest benefits from the process it is necessary for those involved in commercial cases to seek out effective neutral mediator that actively work to preserve and improve relationships, stay within the confines of the contractual agreements, and who are efficient and capable or resol Continue reading