Intellectual Property Dispute Resolution
Litigation is not the only way of resolving Intellectual Property Disputes. There are other ways that are within the control of the parties and have a potential for better relations after the dispute. Alternative Dispute Resolution (ADR) mechanisms include Arbitration, Mediation and Negotiation.
Alternative Dispute Resolution (ADR) in Intellectual Property Dispute Resolution refers to the process of resolving disputes involving intellectual property rights through methods other than traditional litigation. Compared to going to court (litigation), ADR provides a faster, more cost-effective, and less formal solution to disputes. It allows parties to retain control over the resolution process while maintaining relationships and confidentiality. ADR can help to protect valuable IP assets and preserve business operations in intellectual property disputes, making it a popular option for resolving these disputes.