Due to the rising cost and length of litigation, and a desire for privacy, tech companies are turning to alternative dispute resolution (ADR) to settle legal clashes. But, where do they go to identify efficient, vetted ADR experts? What do in-house counsel and law firms need to know to make the process run smoothly?
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Tech companies increasingly turning to ADR to settle legal clashes, and there are a lot of reasons for that. According to Benton, first, courts are backlogged with cases. It typically takes years to get a court judgment and years more to conclude appeals. By then the technology in question may be obsolete. In contrast, ADR allows for a quick resolution, typically measured in months not years.
Second, the courts don’t offer efficiency. Even with the recent “proportionality” reforms in discovery, court cases are burdensome and costly – ADR provides the opportunity for cost-efficient dispute resolution.
