What is one potential outcome of successful negotiation in dispute resolution?

Successful negotiation in dispute resolution often leads to an amicable resolution without the need for court intervention. This outcome reflects the essence of negotiation, which is to find a mutually acceptable agreement between parties involved in a dispute. The process emphasizes collaboration and communication, allowing the parties to address their concerns and interests directly. When negotiations are productive, they can culminate in a solution that satisfies both sides, eliminating the need for litigation, which can be time-consuming, expensive, and adversarial.

In contrast, while a binding arbitration agreement or a signed contract can be produced through negotiations, they still signify a more formalized resolution and may not be as amicable as direct negotiations. A court judgment, on the other hand, is typically a result of a litigation process, which is the opposite of an effective negotiation outcome aimed at avoiding court. Thus, the essence of successful negotiation is embodied in achieving a solution that allows the parties to resolve their disputes amicably and independently.