If both business sides have agreed to negotiate a resolution, it‘s a good step. However, there are three different choices for help so it might be confusing to choose the best one and the most suitable for ones situation. They are needed when both parties and their layers are exhausted of the process. Outside help might be a great a choice, but dispute resolution in country Lithuania can be achieved by several different types. What are they?
Ligitigation is the most popular and familiar type of resolution in Lithuania as well as abroad. It involves facing the claimant before the competetive judge alone or together with a jury. The role taken by judge and jury is to weight and consider evidence and finally deciding and making a ruling. Lawyers dominate in the ligitigation and so resolutions often ends in agreement.
On the contrary from the ligitigation, arbitration features a third party that is responsible for dispute resolution in country Lithuania as well as in foreign continents. The person, arbitrator, hears out each side of the argumenting parties and listens for evidence. After all this, arbitrators render a binding decision.
The final one, mediation
Mediations is a bit similar to arbitration form the point of view that it also has a third party joining the dispute resolution. However, it does not render a binding decision, but helps both parties to come to a consensus on their own. A real professional mediator helps the conflicting sides to underly their positions.
All in all, dispute resolution in country Lithuania have three different types – they are ligitigation, arbitration and mediation. For each case, each of the type is the most suitable one, so it is neccessary to get to know all of them before choosing.