Litigation Agreement
/ˈlɪtɪˌɡeɪʃən əˈɡriːmənt/
Definitions
- (n.) A contract between parties outlining the terms under which they will initiate, conduct, or resolve a legal dispute or litigation.
The parties signed a litigation agreement to settle their dispute without going to trial.
Forms
- litigation agreement
- litigation agreements
Related terms
See also
Commentary
Litigation agreements often include provisions about cost-sharing, control of legal strategy, and settlement authority, making careful drafting essential to manage future disputes effectively.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.