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论文作者:www.51lunwen.org论文属性:课程作业 Coursework登出时间:2014-06-14编辑:lzm点击率:19282
论文字数:7373论文编号:org201406141802465996语种:英语 English地区:中国价格:免费论文
关键词:争议的解决方式法律专业Litigation and arbitrationDiscourage litigationlawyers and clients
摘要:Derek Bok, former president of Harvard University, stated: "Over the next generation, I predict, society's greatest opportunities will lie in tapping human inclinations toward collaboration and compromise rather than stirring our proclivities for competition and rivalry.
B. ADR Saves Money.
Most everyone agrees that litigation is not, in many instances, a cost-efficient process. On average, ninety-eight percent of the costs of civil litigation are for legal fees. In some cases, the fees can even surpass the recovery. One commentator, a commercial litigator since 1974 and an arbitrator and mediator since 1979, cites the example of one case in which one of the defendants admitted that it could be found liable for part of the problem at issue, but that its liability could not exceed $ 100,000. Despite that fact, it had spent $ 400,000 in defence costs, and there was no end in sight-and it was only one of twelve parties involved in the case!
As more data have become available, it has become increasingly clear that using ADR techniques produces significant cost savings. For instance, a 1994 Price Waterhouse survey of corporate law departments indicated that forty-five responding companies experienced annual savings of $ 100,000 through the use of ADR, and ten percent of the respondents reported saving over $ 1,000,000 per year. The Center for Public Resources reported that in one year alone, its members experienced direct legal cost savings of about $ 77.5 million as a result of employing ADR methods to resolve business disputes.
DPIC Companies, a national Insurance carrier, in recognition of the cost saving benefit of ADR, instituted a program it calls "Mediation Works!" Under the program, if a claim is made against an insured who agrees to mediation and the claim is resolved through mediation, the insurer contributes half of the insured's deductible up to $ 12,500. In about the first seven years of the program, the insurer returned $ 1,725,000 in deductible credits to its insured accountants, architects, attorneys, engineers and environmental consultants本论文由英语论文网提供整理,提供论文代写,英语论文代写,代写论文,代写英语论文,代写留学生论文,代写英文论文,留学生论文代写相关核心关键词搜索。