14 Terms
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ADR & mediation
Industry: Legal services
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ADR & mediation
mediation
Legal services; ADR & mediation
A method of settling a dispute without going to court in which a third party facilitates the opposing parties in finding a satisfactory resolution to their disputes.
adjudication
Legal services; ADR & mediation
Formal decision made by a court, tribunal etc., in resolution of a dispute, used in in alternative dispute resolution (ADR) cases.
alternative dispute resolution
Legal services; ADR & mediation
Dispute resolution bypassing legal action, e.g. through mediation or arbitration. Parties which insist on legal action, not using ADR, may face sanctions from the witnessing judge.
settlement
Legal services; ADR & mediation
An agreement between the disputing parties (usually involving the handover of money or assets) reached either before or after court action begins.
to settle (cases)
Legal services; ADR & mediation
to decide (a lawsuit) by mutual agreement of the involved parties without court decision;
out of court settlement
Legal services; ADR & mediation
An agreement between two litigants to settle a matter privately before the Court has rendered its decision.
