INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The sports industry is a multi-billion-dollar industry that is constantly evolving. As a result, disputes are inevitable. Traditional litigation can be time-consuming, expensive, and adversarial, damaging the parties' reputations and disrupting the sports industry. Alternative dispute resolution (ADR) is a more efficient and amicable way to resolve disputes. ADR methods such as mediation, arbitration, and negotiation can help parties reach a mutually agreeable resolution in a timely and cost-effective manner.
This literature review will explore the different types of disputes that can arise in the sports industry, the advantages and disadvantages of using ADR to resolve these disputes, and the most common ADR methods used in the sports industry. The review will also discuss the challenges of using ADR to resolve sports disputes and the best practices for using ADR in the sports industry.
The review will conclude by discussing the future of ADR in the sports industry. ADR is becoming increasingly popular in the sports industry and will likely play an even more critical role. ADR can help resolve disputes quickly and efficiently, which can help protect the sports industry's reputation and ensure that the games continue to be played.
Keywords:
Alternative Dispute Resolution, Mediation, Arbitration, Sports Law, Sports Industry
Cite Article:
"The Use of Alternative Dispute Resolution and Mediation in the Sports Industry", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 4, page no.d566-d580, April-2024, Available :http://www.ijnrd.org/papers/IJNRD2404363.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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