The New ADR Tool from the Stockholm Arbitration Institute: Will Advantages Outweigh?
Alternative dispute resolution, or ADR, exists in a wide variety of forms. The traditional types of ADR are negotiation, mediation, and arbitration. All of them are aimed at resolving disputes in an informal, confidential, and efficient manner. Individuals and companies have, at various times, tried to combine the advantages of different types of ADR to solve their disputes more effectively. However, the resulting hybrid forms of ADR have not always been successful.
Ivan Vashchynets is a partner at ARBITRADE
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