Thoughts Shared by Zeaid Mohammad Bin Masfar
When we walk, having troubles and facing difficulties are not rare. Sometimes we miss a plethora of opportunities during legal actions for that reason. Nonetheless, we must be grateful to the modern laws that an option allows a third party to attend on behalf of someone. This method is called Alternative Dispute Resolution.
The system that allows parties to include a third party instead of the disagreeing party and settle disputes with the help of that party is called Alternative Dispute Resolution. Generally, the disagreeing party does not form himself as present in the court day after day, and this method is immensely adopted around the world.
So, the prime facts that you must know are the types of Alternative Dispute Resolution so that you can perceive the adequate knowledge and take necessary steps according to the law.
Arbitration
The first on our list is Arbitration. It is one of the fastest-growing Alternative Dispute Resolutions. If you analyze the arbitration ADR process, you may find a plethora of similarities with court proceedings. However, there are three major types of arbitration ADR.
National Arbitration
Each country has different rules regarding Arbitration designed by precise law enforcement institutions. Such as German Arbitration, French Arbitration, American Arbitration, etc.
International Commercial Arbitration
We can see it when the issue arises between buyer and seller. Usually, the issue refers to commercial contractual relations requiring a dispute settlement.
Investor-State Arbitration
In this Arbitration, an investor from one country can bring arbitral proceedings to stand against another country in which the investor invested.
Negotiation
The foremost and straightforward way of dispute resolution is negotiation. During the disagreement, negotiation allows the parties to settle the dispute and mend all the unfavourable arrangements.
The remarkable side of this Arbitration is the way of fixing the problem. It consists of direct control over the problem and the entire process. It is generally not a formal path, yet it belongs as a form of Arbitration.
Mediation
Similar to negotiation arbitration, mediation arbitration is also an informal form of Arbitration. This process is handled by professional mediators. The prime task of this process is for a mediator to arrange for the parties to have a settlement. Primitively, we can see these mediation processes in the brokerage houses. The mediator arranges the mediation process aiming at disputation between investors and stock brokers.
Conflict Resolution
Conflict resolution is the last type of Arbitration that belongs to the trendy models of Alternative Dispute Resolution. This ADR is designed to dissuade any conflict and retribution. The group members initiate to end the group conflicts by active communication about the conflicts.
Cognitive Resolution
It is the way that disputants perceive the total overview with their beliefs, perspective, understandings and attitudes.
Emotional Resolution
Another way is an emotional resolution that allows the disputant to feel the conflict entirely through emotion.
Behavioural Resolution
The behavioural resolution focuses on how the disputants perform and demonstrate their behaviour.
That was all for today’s discussion related to Alternative Dispute Resolution.
