Legal Definitions from Termly’s Legal Experts

Dispute Resolution

Dispute resolution definition (noun)
1.

Dispute resolution is the process of settling disagreements between parties. There are three basic types of dispute resolution: mediation, arbitration, and litigation.

  • Mediation is where a neutral third party helps the disputing parties reach a solution on their own.
  • Arbitration is when a neutral third party acts as a judge who listens to arguments and evidence, then makes a legally binding decision for the parties.
  • Litigation is when the dispute reaches a courtroom where a defendant argues against a plaintiff in front of a judge or judge and jury.

Appears in: Terms and Conditions

Legal Definitions from Termly’s Legal Experts

Related Legal Terms

User Trademark Arbitration Third-Party Software Third Party View more >

Related FAQs

Are terms and conditions protected by copyright? What is a terms and conditions page? What legal documents do I need on my website? How do I update my terms and conditions? What is the legal font size for terms and conditions? View more >

Trusted by Thousands

Trusted by thousands of companies worldwide, Termly’s intuitive software generates legal policies and handles consent management for any business in minutes.

Brand Logo FIS Brand Logo Eggland Brand Logo Veeps Brand Logo Hertz Brand Logo K2 Sports Brand Logo Law Insider
Termly Bolt
Try Termly’s Compliance Solutions For Free!
Get Compliant
Jona, Director of Product @ Termly

Termly allows our users to focus more on their business instead of spending countless hours figuring out data privacy compliance. - Jona, Director of Product @ Termly