Litigation And Alternatives

Litigation and Alternatives
Business Law/LAW531
6 November 2011
Instructor: chirrup Parker

Litigation and Alternatives
The video, Litigation and Alternatives portrays a situation amid cardinal companies that involves a disagreement about monies owed and quality of service rendered. The defendant speaks with his lawyer and they discuss substitute dispute resolution, an aid in resolving disputes. The use of the court system to resolve stage dividing line and other disputes can take years and cost thousands, or even millions, of dollars in legal fees and expenses. In commercial litigation, the average business operations of the parties ar often disrupted (Cheeseman, 2010.) The tercet main types of alternative dispute resolution to highlight are mediation, arbitration and mini-trials. The easiest and least costly is mediation.
Mediation
Henry Cheeseman defines mediation as a procedure whereby the parties to a dispute
engage in negotiations to provide to reach a voluntary settlement of their dispute. This is considered the simplest and cheapest form of alternative dispute resolution. This form of litigation also does not take up lawyers or publicity.



This form of litigation is best used when in that location is a good relationship between the parties and they vertical regard to find common ground and save their approaching business relationship. Additionally, mediation can be used at any(prenominal) time, whether before, during or after a trial or just decided between two parties. When mediation is not self-made or it seems there is no chance of a future relationship, businesses often turn to arbitration.
Arbitration
Arbitration utilizes a third company that makes a decision in a disagreement. This third caller is called an arbitrator. These arbitrators are usually members of an arbitration association. The Uniform Arbitration fare was enacted by Congress in order to resolve disputes between parties and is used by about half of the States at the enunciate level. Arbitration clauses are often added...If you want to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper