Alternative Dispute ResolutionIn order to avoid litigation, companies are increasingly resorting to Alternative Dispute Resolution (“ADR”). Arbitration rules have been promulgated by organizations like the American Arbitration Association in order to resolve disagreements more quickly and to save themselves excess amounts of money that would have been required in other court proceedings.
The following questions have been addressed in this article:How can “ADR” help me in my business dispute?
How does ADR work?
What is the American Arbitration Association (“AAA”)?
Who’s using Alternative Dispute Resolution?
If I win my case, is there any way to enforce the arbitrator’s decision?