Write 2 page essay on the topic Alternative Dispute Resolution.Download file to see previous pages... This method is most applicable when the parties involved in the conflict agree that a third party

Write 2 page essay on the topic Alternative Dispute Resolution.

This method is most applicable when the parties involved in the conflict agree that a third party seek a solution. The method is almost similar to court adjudication. Arbitrator panel act as judges and offer a solution after listening to both parties. However, the decision may or may not be legally binding. World International Property Organization (WIPO) is one of the best arbitration companies. One case involved a publishing house that had a contractual agreement with a software development company. The publishing house was not fully satisfied with the service after one and a half years and therefore the two parties decided to have the dispute arbitrated. By use of a practicing judge as the sole arbitrator, the two parties presented their interest in case settlement and the arbitrator found a common ground of settlement. The two parties agreed to the arbitrator’s proposal and therefore consented to the settlement terms. The two parties finally went public with their newfound settlement and the case was solved (WIPO web). Mediation is one of the best alternative dispute resolution options. The mediator purposely assists the two parties to come up with their own solution to the dispute. A good example was a business dispute that was mediated by an Auckland lawyer and Maria Dew. The case involved a family business whereby civil issues arose due to personal interests in the family business. The son, wanted to buy the business from his parents but they declined the offer but the two parties continued to run the business together.