Alternative Dispute Resolution (ADR) can often prove quicker and more cost effective than issuing Court proceedings.
Mediation: this is a process where parties meet with a mediator on a without prejudice basis to aid in reaching an agreement. Mediation can only be used if both sides agree – the outcome is not binding.
Arbitration: this is where parties present their case to an arbitrator who will make a decision on how to resolve the dispute. Arbitration, although at times more expensive and confrontational than mediation, allows for a definite resolution as the arbitrator’s decision is binding and generally has to be accepted by all parties.
Adjudication: in the construction industry, disputes are generally handled using a less formal adjudication procedure.