Description
(TCO B) Court Process versus ADR: The Federal and State
Court Systems throughout the U.S. have become overwhelmed with the
backlog of cases awaiting access to trial court. Much of this is
attributed to two factors; 1) the United States has 5% of the world’s
population, but 65% of the worlds lawyers; and 95% of our cases are
settled before going to trial, but 95% of the 95% are settled on the
courthouse steps just before the case goes to trial. Therefore there is a
growing demand for Alternate Dispute Resolution to substitute for our
traditional court process. Such Alternate Dispute Resolution is also
increasingly popular in the international business environment. List and
define the three most attractive forms of Alternate Dispute Resolution
(ADR), and the attractions that they provide over the typical court
trial procedure.
(Points : 40)