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Resolution of Commercial Disputes, Negotiation, image, image, image -…
Resolution of Commercial Disputes
Types of Disputes
Arbitration
Private dispute resolution process
Mediation
Facilitative process by a neutral third party
Litigation
Formal court process
Legal Framework
Domestic Laws
Civil Procedure Codes
International Treaties
New York Convention
Regulatory Bodies
American Arbitration Association (AAA)
Factors Influencing Choice of Dispute Resolution
Cost
Legal fees
Time
Duration of the Process
Complexity
Nature of Dispute
Confidentiality
Privacy of Proceedings
Dispute Resolution Strategies
Negotiation
Informal discussions aimed at resolution
Collaborative Law
Cooperative approach to dispute resolution involving attorneys
