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LEGAL GLOSSARYWhat Is Negotiation?
A process in which parties communicate directly or through representatives to attempt to resolve a dispute or reach an agreement.
What Does Negotiation Mean?
Negotiation is the process of parties communicating, directly or through representatives, to reach a resolution or agreement. It is the most common way disputes are resolved.
Why It Matters
Negotiation can resolve matters efficiently and preserve relationships. Whether to negotiate directly or with assistance depends on the matter and the parties.
Related Information
Related legal terms: Mediation, Legal Notice, Arbitration
Related practice area: Litigation & Dispute Resolution →
Dealing With a Related Matter?
This explanation is a general starting point. If the term matters in a specific situation you are facing, a conversation about your facts can help you decide the right next step.
Contact Gyanendra Singh →This definition provides general information and does not constitute legal advice. Laws change, and their application depends on the facts of a matter. For advice on your specific situation, consult a qualified lawyer.