LGS 200 Lecture Notes - Lecture 2: American Arbitration Association, Federal Arbitration Act, Better Business Bureau

• School: University of Alabama
• Department: Legal Studies
• Course: LGS 200
• Professor: Charlye Adams

Document Summary

Alternative dispute resolution adr- trials can be expensive and lengthy to resolve. Adr is a procedure for resolving disputes other than the traditional judicial process. Relatively inexpensive, quick and leave more control with the parties involved. States now require parties to attempt to settle with adr. Court annexed arbitration: problems arise because there is a fundamental difference, what rules apply etc. Court-related mediation: more courts offer or require mediation than arbitration. Nonprofit organizations: american arbitration association, better business bureau. : informal discussions by parties, with or without attorneys, with the goal of coming to a meeting of the. Mediator talks face to face with parties to determine common. Advantages: brings parties together to determine a mutually satisfactory resolution, reduces/eliminates hard feelings or bitterness, mediator is selected by parties, few rules, parties control results (win-win) Disadvantages: mediator fees, no sanctions for failure to mediate in good faith , no deadlines. Usually the arbitrator is an expert or well-respected government official.