Negotiation

• directly with parties
• can be informal with 2 individuals
• can be formal conducted by solicitors
• lawyers will continue to negotiate even when court proceedings commence
• can last for years
• can be quick, cheap and private
• pro - can be conducted by parties. no need for lawyers
• pro - decisions can be made in the best interests of the parties
• pro - can be used at any point in the dispute
• pro - cheapest methods
• pro - can keep parties on good terms - good for business deals
• con - may not be successful
• con - not suitable where parties are antagonistic towards each other
• con - not a binding agreement
• con - may prolong the whole issue if repeated failed attempts