What Does ADR Stand For?
ADR stands for Alternative Dispute Resolution
ADR, or Alternative Dispute Resolution, refers to a range of processes used to resolve disputes outside the traditional court system. It encompasses methods such as mediation, arbitration, and negotiation, providing parties with more flexible, cost-effective, and timely solutions. ADR emphasizes collaboration and mutual agreement, allowing for greater control over the outcome and fostering more amicable relationships among involved parties. It is widely utilized in various fields, including business, family matters, and labor relations, as an efficient alternative to litigation.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym