How do I draft a dispute resolution clause?
An example of an AI chatbot conversation about drafting a dispute resolution clause.
How do I draft a dispute resolution clause?
To draft a dispute resolution clause, start by specifying the method of resolution, such as mediation or arbitration.
What details should I include in the clause?
Include the governing law, the location of the resolution, and any specific procedures to follow.
Can you give me an example of a dispute resolution clause?
Sure! Here's a simple example: 'Any disputes arising from this agreement shall be resolved through mediation in [Location], followed by arbitration if necessary.'
What are the benefits of including this clause?
Including a dispute resolution clause can save time and costs, and provide a clear process for resolving conflicts.
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