The settlement is one of the alternative dispute resolution methods. Herein, the parties agree that one party pay compensation to the other party or meet the other party’s demands, and the other party agrees to take no further legal action on their claim. The agreement can be made in many ways.
Chapter 5 has 04 sections that describe methods to reach a settlement, list legal issues to consider before and during the settlement; Some notes for Lawyers when participating in the settlement:
- Methods of reaching settlement
- Attorney’s Ethical considerations
- Matters to consider before entering settlement
- Matters to consider in negotiating and drafting settlement agreements
We hope this chapter can provide you with some useful information about one of the alternative dispute resolution methods, which is compromise and settlement. Please click on the link below to read Chapter 5 in detailed: DOWNLOAD