Litigation can be costly and time-consuming. Alternative Dispute Resolution (ADR) offers a faster, more private, and often less adversarial method of settling disputes.
Types of ADR in Ghana
- Mediation – A neutral third party helps parties reach mutual agreement.
- Arbitration – A formal but flexible process where an arbitrator makes a binding decision.
- Negotiation – Direct discussions between parties to resolve issues.
Benefits of ADR
- Confidential and cost-effective.
- Preserves relationships.
- Reduces court backlog.
Conclusion
ADR has become an essential part of Ghana’s justice system. Businesses should include ADR clauses in contracts to promote efficiency and reduce legal costs.