Disputes Resolution

Dispute resolution is a process used to resolve conflicts or disagreements between parties. It involves various methods, such as negotiation, mediation, arbitration, and litigation. In negotiation, parties discuss their issues directly to find a mutual agreement. Mediation involves a neutral third party who helps facilitate the discussion. Arbitration is when an impartial person makes a binding decision after hearing both sides. Litigation is the formal process of resolving disputes through the courts. Effective dispute resolution aims to find a fair outcome while saving time and resources, helping maintain relationships and avoid more contentious scenarios.