Let us consider both the concepts litigation as well as arbitration separately since both these practices function different and also because the option it is the involved who have the discretion of opting for either litigation or arbitration and not both at the same time.
- Both litigation and arbitration are legal recourses that come into the picture in the event of a breach of contract or if some person has suffered any losses or any injury, bodily or otherwise due to someone else’s negligence, misconduct, etc.
- Litigation and Arbitration legal services primarily deals with the practice of researching, drafting plaints, written statements, replies, applications, writ petitions, and so on. Once such drafting is taken care of, then comes the crucial aspect of oral pleadings which is nothing but the arguments that lawyers do in front of judges and on the basis of which the judge delivers his judgment.
- Arbitration is an out of court procedure, wherein both the parties come together and settle their disputes in the presence of a third, neutral person who is referred to as the Arbitrator. The added advantage of arbitration is that the decision given by the arbitrator has the same force as that of a formal judgment passed by any court of law.