#3 Outline for Alternative Dispute Resolution.docx -...

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ALTERNATIVE DISPUTE RESOLUTION – CHAPTER 5I. Alternative Dispute ResolutionA.Negotiation – When you receive the letter of the lawsuit, you can offer the plaintiff a money remedy or something to negotiate the situation before going to court. 1.voluntary – The defendant initiated this negotiation. This is why waiting to file a lawsuit can be good so you do not have to pay all the court expenses. 2.no third party - B.Mediation – Mediation involves the use of an impartial third party, a mediator, who attempts to help the parties reach a mutually acceptable resolution to their dispute. 1.voluntary2.third party “mediator” 3.mediator does not make a decision but facilitates communication – helps both parties communicate4.only “binding” if the parties reach an agreement (contract) to settle their dispute – non-binding unless they agree and sign a contract then it is binding. 5.advantagesi.faster than arbitration and court litigationii.less

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