process · legal education
Negotiation and Settlement
When negotiated resolution may be more practical than prolonged litigation.
What this means
Settlement can reduce time, cost and uncertainty, but the terms need to be clear, lawful and capable of being performed. Not every dispute is suitable for settlement.
What to keep ready
- Define non-negotiable and flexible points.
- Record agreed terms clearly.
- Understand what rights are being released or preserved.
Professional assistance
How this connects with the practice
Related practice support can include negotiation, settlement drafting, reviewing terms and converting agreed outcomes into appropriate legal documentation.
Official reference
This guide is for general legal education only and is not legal advice. The correct procedure, remedy, limitation period and forum depend on the facts, documents and current law applicable to a specific matter.