Contract Dispute Resolution | Example Contracts
Contract dispute resolution refers to the process of resolving disputes that arise from contractual agreements. It involves the use of alternative dispute resol
Overview
Contract dispute resolution refers to the process of resolving disputes that arise from contractual agreements. It involves the use of alternative dispute resolution (ADR) techniques, such as mediation, arbitration, and negotiation, to settle disputes without resorting to litigation. The American Arbitration Association, the International Chamber of Commerce, and the National Arbitration Forum are some key organizations involved in contract dispute resolution. According to some sources, the use of ADR can be beneficial in resolving disputes. However, the specifics of its benefits and usage are subject to variation.