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Arbitration
A method of resolving disputes outside the courts, where the parties present their case to a neutral third-party arbitrator who makes a binding decision.
Litigation
The process of taking legal action or resolving disputes in court.
Costly
Pertaining to a high expenditure or the requiring of significant resources, either financially or in terms of effort.
Counterclaim
A counterclaim is a claim made by a defendant in a lawsuit against the plaintiff, essentially acting as a lawsuit within a lawsuit to seek some form of relief or damages.
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