Thirdly Litigation is a traditional form of dispute resolution by going to the

Thirdly litigation is a traditional form of dispute

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(Legal Dictionary, 2009). Thirdly, Litigation is a traditional form of dispute resolution by going to the court and the specific laws and evidence have to be followed. This means that there will not be any unfair or under table treatment by using litigation as the judges will proceedings according to the legal rights. As a result, all businesses should consider other options before litigation as it is costly in terms of time and money. Lastly, the pros and cons of mediation, arbitration and litigation. The pros andcons for mediation are the proceedings and result are private this will not ruin the representation of the company or the person while the cons is one or both parties may be completely unwilling to cooperate it is because everyone wants the best for themselves so they will always have requirements that benefits them this will resulted unwilling to cooperate (allBusiness, 2017). As for arbitration, their pros are the price is cheaper and faster than litigation meaning people can save cost and timeto solve the problem and the cons is they got limited recourse as final decisions is hard to shake and if the arbitrator is unfair the consumer might suck with it forever (Barbara, 2017). Followed by the last method of Resolving Business Disputes which is litigation. One of the pros are the process is open and public which means that it will be fair and it will never be bias while the cons is the cost is expensive which not all the business company will be willing to spend that amount of money on litigation (EverythingLegal, 2016).
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Reference list BusinessDictionary.com. (2017). What is legal capacity? definition and meaning. Retrieved from Civilmediation.org. (2017). What is Mediation? Retrieved from Editors, A. (2017). Pros and Cons of Mediation | AllBusiness.com. Retrieved from E-lawresources.co.uk. (2017). Misrepresentation. Retrieved from En.wikipedia.org. (2017). Posting rule. Retrieved from Lawteacher.net. (2017). Agreement Cases - Formation, Acceptance, Termination. Retrieved from Legal Dictionary. (2017). Arbitration - Definition, Examples, Cases, and Processes. Retrieved from Repa, B. (2017). Arbitration Pros and Cons. Retrieved from Solicitors-litigation.co.uk. (2017). Solicitor Litigation - advantages and disadvantages. Retrieved from Rules of Consideration in Contract Law: Elements & Case Examples. Retrieved from -examples.html
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