This is a continuation of our discussion of the various forms of
Alternative Dispute Resolution also commonly referred to ADR.
The main forms of alternative dispute resolution include:
- Negotiation
- Arbitration
- Mediation
- Conciliation
Negotiation
This is a back-and-forth communication between parties designed
to reach an agreement. The object of negotiation is to ultimately
achieve a durable agreement as efficiently as possible with least
damage to parties' relationship. This in turn entails that
parties should meet each other's legitimate interests to
resolve the parties' conflicting interests fairly. The first
step would be diagnostic in nature. Each party seeks information
about each other's position and identifies the issues. Next
parties identify their respective interests in search for a common
ground. Lastly parties confirm their negotiated gains, draft final
agreements or confront deadlocks. The main objective is to afford
all parties
