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Dispute Resolutions
Dispute resolution refers to the methods and processes used to settle conflicts between parties, avoiding the need for full-scale litigation. Alternative dispute resolution (ADR) methods, such as mediation and arbitration, offer more collaborative and efficient ways to resolve disputes. In the construction industry, for instance, parties may opt for arbitration to address issues without going to court, saving time and costs. Effective dispute resolution strategies contribute to maintaining business relationships and minimizing the impact of conflicts on all parties involved.