Litigation & Dispute Resolution
Litigation & Dispute Resolution refers to the legal processes used to resolve disputes between parties. This field encompasses a range of activities, from pre-litigation negotiations to courtroom trials and post-judgment enforcement.
Key Concepts:
Litigation
The process of taking legal action, typically involving a lawsuit where a plaintiff sues a defendant in court. It includes pleadings, discovery, trial, and possibly an appeal.
Alternative Dispute Resolution (ADR)
Methods of resolving disputes outside of the courtroom, including:
Arbitration
A private process where a dispute is submitted to an impartial arbitrator who makes a binding decision.
Mediation
A facilitated negotiation where a neutral third party (mediator) helps the parties reach a mutually acceptable agreement.
Negotiation
Direct discussions between parties to resolve a dispute without the involvement of third parties.