It is in a party’s best interests to explore all realistic opportunities for resolution, taking into account the time, cost, potential, reputational, relationship, and other potential consequences of engaging in any type of dispute.

Parties to a conflict may engage in settlement negotiations or an alternative dispute resolution (ADR) process such as mediation.  In the event that a settlement attempt is successful at that initial stage, the parties will usually record their mutual agreement in a settlement agreement, which can be executed as a legally binding agreement between the parties.

Farouq Mohammed Al Hammadi Advocates & Legal Consultants in Dubai helps you to find constitutional and legal solutions to all your worries and chaos related to arbitration and settlement.

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