What Sets Arbitration from Litigation?
In the cut-throat and swiftly-changing field of legal dispute resolution, there are two predominant methods that have stood out – litigation and arbitration. Both are aimed at resolving different legal complexities, and these can operate under various frameworks, providing distinct perks and setbacks. Before you go ahead and pick a reputed law firm Mumbai or any part of India, consider gleaning some insights on the major differences between litigation and arbitration. Look into the below-mentioned excerpt to find the basic differences between these two legal approaches. Have a look – What is Arbitration? Let’s Have a Look Arbitration refers to a form of ADR (alternative dispute resolution) where two parties must willingly submit their legal conflicts to any neutral third party. Such a neutral party is called arbitrator. Litigation revolves around court proceedings, but arbitration takes place outside of a conventional courtroom setting. Prime Characteristics of Arbitration Looki...