Alternative Dispute Resolution and Comparative Analysis of its Methods

Alternative Dispute Resolution resolves disputed controversies to a greater extent than that of the court. This dispute resolution technique is from a long period and was in use before the enlightenment of civilization. The various methods of Alternative Dispute Resolution consisting of negotiation, mediation, conciliation, and arbitration has established an efficient way to reduce the burden imposed by the judicial process with flexibility, fastness, and lower costs. It has an intent of fair resolution of the disagreement of the controversial parties. The parties are free to pick out the preferable method when the dispute arises.