Dispute Resolution Process

The dispute resolution process refers to methods used to resolve disagreements or conflicts between parties. It often involves negotiation, where parties discuss their issues directly, or mediation, where a neutral third party helps facilitate a dialogue. If these methods fail, parties may proceed to arbitration, where a third party makes a binding decision. In some cases, disputes can end up in court for legal resolution. The goal of the process is to find a solution that is acceptable to all parties involved, saving time and resources compared to lengthy litigation.