Alternative Dispute Resolution

The alternative to suing (or being sued) in court.
1 min read
Opinions expressed by Entrepreneur contributors are their own.

When you're hit with a lawsuit, the costs can be mind-boggling-even if you win. That's why more and more small businesses are using alternative dispute resolution (ADR), a concept that includes mediation, arbitration and other ways of resolving disputes without resorting to litigation. Both in contracts between businesses or in agreements between employers and employees, people are consenting ahead of time to submit future disputes to ADR.

Excerpted from Start Your Own Business, 2nd edition: The Only Start-Up Guide You'll Ever Need

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Former Apple CEO John Sculley Shares 4 Key Strategies for Growing and Marketing Your Business