The LYVE team has extensive experience in handling complex situational challenges across the globe. With our diverse cultural background and strong connections to strategic partners on six continents, we excel at finding creative solutions and conducting negotiations, even in the most challenging locations and circumstances.
Negotiation, as a flexible and informal method of resolving disputes, offers great flexibility. It is a voluntary and non-binding process where parties aim to reach a mutual agreement without involving an independent third party. Each negotiator represents their respective side and strives to present and negotiate in the best interests of their party. It is crucial to initiate negotiation promptly, with a genuine effort to minimise areas of disagreement, thus avoiding unnecessary costs. Parties can agree to proceed on a "without prejudice" basis, allowing for open and honest exchanges.
Moreover, negotiation ensures privacy and confidentiality, safeguarding the parties' reputations and relationships.
In the event that negotiation fails to yield an agreement, the LYVE team possesses extensive experience in employing alternative methods of dispute resolution.