Question

List two impacts of alternative dispute resolution methods to minimise the negative impact of cost factors on fairness (mediation, arbitration, conciliation)?

1) Increased efficiency and speed of resolving disputes
2) Reduced legal costs for parties involved
3) Improved access to justice for individuals
4) Enhanced fairness and impartiality in decision-making

Answer 1

ADR methods including mediation, arbitration, and conciliation promote increased efficiency, reduce legal costs, and enhance the fairness and impartiality of the dispute resolution process.

Step-by-step explanation:

The impacts of alternative dispute resolution (ADR) methods, such as mediation, arbitration, and conciliation, include increased efficiency and speed of resolving disputes, and enhanced fairness and impartiality in decision-making. These ADR methods play a critical role in minimizing the negative impact of cost factors on fairness.

For instance, increased efficiency is achieved through the ADR processes by expediting dispute resolution, compared to the often-lengthy court procedures, thereby reducing the emotional and financial burdens on parties. Additionally, ADR offers reduced legal costs by limiting the need for formal legal representation and the subsequent expenses associated with lengthy litigation. Finally, the use of neutral decision-makers in ADR promotes impartiality, ensuring decisions are made without bias and reflect the communities they serve, thus upholding justice.