Settlement Conference
A meeting where parties try to resolve a dispute with guidance from a judge or mediator.
What is Settlement Conference?
A Settlement Conference is a court-supervised or privately facilitated meeting where parties negotiate to resolve disputes without trial, often with a judge or mediator guiding discussions to reach a mutually acceptable agreement.
Why It Matters?
It reduces litigation costs, shortens timelines, and promotes amicable resolutions.
Example
Parties in a personal injury case attend a settlement conference and agree on compensation before trial.
Related Terms
Mediation
Litigation