Student at Amity Law School, Noida, India
Student at Amity Law School, Noida, India
Litigation may be a difficult procedure that frequently leads to expensive costs, drawn-out legal battles, and unsatisfactory resolutions for both sides. Yet, by identifying a Zone of Potential Agreement (ZOPA) and the Best Alternative to a Negotiated Agreement (BATNA), parties can reach a more amicable agreement without having to deal with the difficulties of court proceedings. This essay will examine the terms ZOPA and BATNA and how they might be applied in negotiations to produce a win-win result. Also, we will go over the advantages of negotiation over litigation and offer helpful advice for effective negotiation using ZOPA and BATNA. Parties can lessen the inconvenience and expense of litigation by comprehending these ideas and using them in negotiations while achieving a more satisfactory outcome.
Research Paper
International Journal of Law Management and Humanities, Volume 6, Issue 2, Page 2463 - 2476
DOI: https://doij.org/10.10000/IJLMH.114667This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
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