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Australian News

Alternative Dispute Resolution methods deliver better results: WIPO

 

Less than 2 percent of technology agreements result in formal dispute proceedings which are generally costly and time-consuming, said a survey issued by World Intellectual Property Organization (WIPO) Thursday.

The International Survey on Dispute Resolution in Technology Transactions conducted by WIPO Arbitration and Mediation Center outlined the practices and motivation of nearly 400 survey respondents from over 60 countries. It was designed to assess the current use and comparative merits of Alternative Dispute Resolution (ADR) methods, especially arbitration and mediation, for resolving technology-related disputes. Francis Gurry, WIPO Director General, told a press conference that the survey showed that “non-court options, namely arbitration and mediation, are delivering significantly better results.” Read [more]

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