Settlement Negotiation
/ˈsɛtlmənt nəˌɡoʊʃiˈeɪʃən/
Definitions
- (n.) A discussion between disputing parties aimed at reaching an agreement to resolve a legal dispute without litigation.
The attorneys engaged in settlement negotiation to avoid a costly trial.
Forms
- settlement negotiation
- settlement negotiations
Related terms
See also
Commentary
Settlement negotiations often require confidentiality to encourage open communication and are distinct from formal agreements, which document the final terms.
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.