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ADR helps people get justice speedily

Wednesday, 23rd January 2020

"Disputes arise in all organisations. Dealing with a dispute constructively can enable an organisation achieve its ultimate objectives, save on resources, avoid financial losses, and protect its reputation. 

In contrast, failing to effectively manage a dispute can negatively impact on the organisation damaging its internal and external relationships and morale. It is beneficial for an organisation to have an effective dispute resolution strategy to ensure that it consistently uses the most appropriate forms of dispute resolution.  The ultimate goal of such a strategy is to ensure that disputes are managed in a way that is in the best interests of the organisation. 

The default dispute resolution processes within many organisations are negotiation, litigation and arbitration. The drawbacks of litigation and arbitration are that they can be time-consuming and expensive. Alternative dispute resolution (ADR) encompasses a range of options, falling between litigation and arbitration on the one hand and negotiation on the other, for effective resolution of disputes."

Read in full:   


Web-link: http://thefinancialexpress.com.bd/views/adr-helps-people-get-justice-speedily-15...
Language: English
Contact: Shahiduzzaman Khan


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