Following the launch of "Mediation in the Metaverse", the ADGM Arbitration Centre has launched ODR@ADGM, a revolutionary online platform that puts the power of settlement in the parties’ hands.

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This digital revolution in dispute resolution promises to transform the traditional, often cumbersome process of dispute resolution into a streamlined, accessible, and user-friendly experience.

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With ODR@ADGM, resolving commercial disputes has become a matter of convenience, and cost-effectiveness, achievable from any corner of the globe at any time, while maintaining control of the process from the initial offer to the final agreement, confidentiality, and security. 

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Here's how it works:

• Parties can submit a dispute via the platform.
• They are guided through a series of questions.
• These questions result in the tailoring of a settlement offer to the other party.
• An invitation is sent to the other party to join the platform for negotiation.
• Once both parties are registered, online negotiation begins.
• Negotiation features flexible deadlines based on the parties' needs and requirements.
• If an offer is accepted, a template settlement agreement is available on the platform.
• Alternatively, parties can create their own settlement agreement with the help of legal representatives.

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So, it's time to replace the gavel with a mouse click. 

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Stay tuned for more information on accessing the platform in the first quarter of 2024.

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For more detailed information, visit the official announcement on ADGM's website: ADGM Launches Online Dispute Resolution Platform.