CONFLICT
RESOLUTION
ALTERNATIVE TO EXPENSIVE LITIGATION COST
CONFLICT
Conflict resolution is a process or method employed to address and settle conflicts, disputes, or disagreements between individuals or groups. It involves finding a mutually acceptable solution to the issues causing tension or disagreement.
The aim of conflict resolution is to promote understanding, improve communication, and reach an agreement that satisfies the needs and interests of all parties involved.
Resolving conflicts effectively can lead to improved relationships, increased trust, and a more positive work or social environment.
WHAT IS CONFLICT RESOLUTION?
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Arbitration is a voluntary process, and all parties involved must agree to resolve their dispute through arbitration. This agreement is often specified in a contract or entered into voluntarily after a dispute arises.
OPEN COMMUNICATION
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Arbitration is often considered a faster alternative to litigation in courts. The process can be streamlined, and the parties have more control over the schedule, which can lead to a quicker resolution.