Provides an online platform for alternative dispute resolution (ADR) that streamlines negotiations and settlements through structured processes and digital tools. It reduces the time and costs associated with traditional legal disputes by up to 90%, enabling parties to achieve fair and efficient resolutions without lengthy litigation.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional dispute resolution methods, including litigation and legacy ADR forums, can be slow, costly, and inefficient, often leading to protracted timelines and unpredictable expenses. This can disrupt businesses and personal lives, creating a need for faster and more transparent resolution processes.
Solution
New Era ADR offers a fully digital platform designed to streamline alternative dispute resolution through virtual mediation and arbitration. The platform provides a centralized space for all parties to securely upload, store, and share documents, schedule meetings, and present their case before experienced, vetted neutrals. By simplifying rules and procedures, New Era ADR aims to deliver fair resolutions within an average of 100 days, reducing the time and costs associated with traditional methods. The flat-fee model, inclusive of neutral fees, ensures cost predictability and eliminates the threat of runaway expenses.
Target Audience
New Era ADR targets businesses and individuals seeking efficient, cost-effective, and fair resolutions to disputes, including legal professionals, corporate counsel, and parties involved in commercial, employment, and other civil disputes.
Features
- End-to-end digital platform for managing disputes from anywhere
- Centralized case access for internal and external teams
- Neutral matching services with a diverse panel for rank & strike
- Secure document storage and sharing
- Integrated calendar tool for scheduling virtual meetings
- Virtual case presentation capabilities
- Flat-fee pricing model inclusive of neutral fees
- Simplified rules and procedures for faster resolutions
- Reporting on litigation portfolio performance
- SOC 2 Type 2 certified security