dispute resolution techniques

Dispute resolution techniques are methods used to resolve conflicts between parties without resorting to litigation. Common techniques include negotiation, where parties discuss their issues directly; mediation, where a neutral third party helps facilitate a resolution; and arbitration, where an arbitrator makes a binding decision based on the evidence presented. These techniques aim to resolve disputes more quickly and cost-effectively than going to court, allowing parties to reach mutually agreeable solutions while preserving relationships and minimizing hostility. Each method varies in formality and structure, catering to different needs and circumstances.