Legal Definitions from Termly’s Legal Experts

Informal Negotiation

Informal negotiation (noun)
1.

Informal negotiation is a process in which two parties try to resolve a dispute before elevating the dispute to mediation, arbitration, or litigation. The negotiation is often outlined in clauses of contracts or written agreements.

Appears in: Terms and Conditions

Legal Definitions from Termly’s Legal Experts

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, Senior Product Manager @ Termly

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