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ADR stands for alternative dispute resolution. ADR is a way of resolving disputes outside of the courtroom. ADR comes in different forms and is distinguished by the way in which the third party gets involved. The three most common types of ADR are Mediation, Arbitration, and Conciliation.
Arbitration is a dispute settlement technique outside of court where the conflicting parties choose to abide to the decision made by a third party. The third party is composed of one or more arbitrators. The arbitrator/s review/s the evidence in the case and finalise/s the decision. Arbitration has legal standing, and the arbitrator has the authority to seek evidence or call witnesses, and makes award legally binding for both parties and enforceable.
Conciliation is an alternative dispute resolution process whereby the parties of a dispute use a conciliator, who meets with the parties in an attempt to resolve their differences. The conciliator may make bounding decisions or non-binding proposals. The agreement is binding and enforceable.