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Litigation and Dispute resolution encompass the processes used to resolve legal conflicts between parties. Litigation refers to the formal legal proceedings in which a case is brought before a court, involving steps like filing a lawsuit, discovery, and a trial. This process aims to reach a binding resolution through judicial intervention.
Dispute resolution, on the other hand, includes alternative methods such as negotiation, mediation, and arbitration, which can often be less formal and more cost-effective than litigation. These methods focus on finding mutually agreeable solutions without going to court. Both litigation and dispute resolution aim to address conflicts efficiently, protect legal rights, and achieve fair outcomes for the parties involved.
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