Increasingly, more institutions and individuals are beginning to
recognize that effective management of disputes can be achieved through the
employment of Alternative Dispute Resolution mechanisms. They have come to
realize that not only does Alternative Dispute Resolution allow for greater
control of the dispute resolution process by disputants, but also saves time,
cost and relationships.
Business disputes are inevitable and their management is an index mark of the
growth of industries and economies. Today's business environment can only
thrive in an environment that acknowledges the need for and provides swift and
effective structures for the resolution of disputes both internally and
externally. For this reason, more and more businesses are incorporating ADR
into their dispute resolution systems and establishing ADR departments or units
in their corporations.
Anticipating and embracing the wind of change in the dispute resolution systems
worldwide - Nigeria not excluding, leading law firms are establishing ADR
Departments in their firms.
|