alternate dispute resolution Flashcards

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1
Q

Negotiation

A

Parties communicate directly with each other
Lawyers may negotiate on their clients behalf
Any dispute can be resolved with negotiation
No set procedure
A successful negotiation will require the parties to compromise

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2
Q

Mediation

A

Third party acts as a mediator between the two parties
Mediator has to remain neutral
If the parties come to an agreement it can be written down and become legally bindings

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