Conducting Private Mediations and Arbitrations (“ADR”)
Albright Stoddard Warnick & Albright’s senior litigators William H. Stoddard, G.Mark Albright, and D. Chris Albright all serve as private mediators and private arbitrators and are accepting referrals to provide this service at this time.
Alternative Dispute Resolution (ADR) is becoming an increasingly popular method for resolving disputes without the lengthy delays that can be experienced in the Courts.
ADR can include a mediation or settlement conference procedure, wherein disputants agree to meet with a neutral third party mediator, in a non-binding, non-adjudicative proceeding, to determine whether their dispute can be settled. Utilizing a third-party mediator in such disputes is often far more effective than parties attempting through their own counsel to settle a matter in private sessions without a neutral third-party. A neutral third party can often assist both sides to look objectively at the strengths and weaknesses of their own position by receiving advice from a neutral outsider whose counsel will be seen as more trustworthy and objective than that of either party or their attorney. At Albright, Stoddard, Warnick & Albright, our experience has shown that mediation is typically a far more effective method for resolving disputes than attempted direct negotiation without a third-party mediator.
ADR can also include private contractually agreed-upon adjudication of a dispute by a third-party arbitrator whose decisions can then be taken to Court and turned into a judgment under Nevada statutes. Arbitration is very similar to trial, but less expensive and less formal than Courtroom proceedings, taking place in a forum that is often less intimidating to the participants, in which certain rules of evidence and procedure may be relaxed in order to effectuate a speedier resolution. Many contracts contain provisions requiring arbitration of any disputes, and parties who find themselves in a dispute can also agree to utilize arbitration to resolve the same after the dispute has arisen.
See our News post regarding D. Chris Albright’s appointment to serve as a court appointed arbitrator in the Nevada court annexed arbitration program.