Litigation is usually a long, drawn out process, whereas Alternative Dispute Resolution (ADR) is normally faster, cheaper and less formal (discussed in Chapter 3). It is being used more and morefor...

Litigation is usually a long, drawn out process, whereas Alternative Dispute Resolution (ADR) is normally faster, cheaper and less formal (discussed in Chapter 3). It is being used more and morefor dispute resolution in business.Discuss, compare and contrast the various forms of ADR, and consider why these alternatives to litigation may be better suited to business disputes than for the resolution of other types of legal issues.What might besome of the drawbacks?

The protection of intellectualproperty rights (discussed in Chapter 7) are a growingconcern, especially since the advent of digital technology and in a global environment. Are international treaties (for copyrights, patents, and trademarks), which are intended to safeguard intellectual property rights sufficient to deal with this problem or do have their own challenges? What other approaches might you propose?