Collaboration:
Collaboration is the practice by which both
parties to the dispute hire a lawyers who facilitate the
negotations between them to reach a decision that is
mutually satisfactorialy. It is a negotiation process
in which both parties to the dispute take the lead.
Other entities such as accountants, consultants, etc. can be
brought into the negotiations to provide expert advice.
In this process both parties to the dispute
maintain control over the outcome. The outcome is
likely to better for both parties than acourt imposed
solution. This method is much cheaper than going to
court. Collaboration records are confidential.
Agreements resultin
from the collaboration process are submitted to the court
for approval and becomes legally binding on the parties
involved. If an
agreement can't be reach through collaboration the lawyers
withdraw and each party can hire new lawyers and pursue the
matter in court.
You can find
Collaborative Practice Lawyers here.
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