Contract Conciliation is a process of resolving disputes between parties to a contract through the use of a neutral third party. The Conciliator works with both sides to identify the issues in dispute and facilitate discussion in order to reach a resolution.
This process can be used for any type of contract dispute, including business contracts, construction contracts, and more. The main benefit of Contract Conciliation is that it can help avoid costly and lengthy litigation.
It is typically faster and less expensive than going to court, and it allows the parties to maintain control over the outcome of their dispute. In addition, Contract Conciliation can help preserve relationships between the parties involved, which is important if they will continue to work together in the future. If you are involved in a contract dispute, you may want to consider using Contract Conciliation as an alternative to litigation.