Results for tag: "Settlement Negotiation"

Settlement Negotiation is a process used in legal disputes to resolve conflicts between parties without the need for a trial. It is a form of alternative dispute resolution (ADR) that is often used to avoid the costs and delays associated with litigation. The process involves the parties negotiating a mutually acceptable agreement, which is then documented in a legally binding contract. The settlement negotiation process typically begins with the parties exchanging information and making initial offers. The parties then engage in a series of negotiations to reach a mutually acceptable agreement. The process can be conducted in person, by telephone, or through a mediator. The settlement negotiation market is an important part of the legal industry, as it provides an efficient and cost-effective way to resolve disputes. It is also a growing market, as more and more parties are turning to settlement negotiation as an alternative to litigation. Some companies in the settlement negotiation market include JAMS, ADR Systems, and Resolve Disputes. Show Less Read more