Articles featured on our site typically deal with items of a "business" nature. In the past, we've written about leases, foreclosures, intellectual property, alternative methods of resolving commercial disputes and the like. Today, however, we want to focus on a topic that is both "personal" and "business" in nature and can impact any one of us-the issue of elder abuse and ways to combat it.
A Statistical Summary Prepared by the Department of Justice
If anyone needs statistical evidence that ADR saves money and reduces litigation, here it is. Last year the government saved over $12 million in litigation and discovery expenses, over 14,600 days of attorney time, and avoided over 1,200 months of litigation by the use of alternative dispute resolution (ADR) techniques, according to the U.S. Department of Justice. These savings were achieved primarily through the use of mediation at a cost of under $2 million. Six dollars saved for every one dollar spent is pretty good cost/benefit ratio, if you ask me.