Mini-trial
Term · Insurance and risk management · MLC-T-INS-002199
A voluntary, non-binding dispute resolution process where attorneys present their cases to a neutral advisor and senior management from both sides. The goal is to facilitate a negotiated settlement by providing an objective assessment of the case's strengths and weaknesses. This process often concludes within one or two days.
| Identifier | MLC-T-INS-002199 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002199",
"term": "Mini-trial",
"field": "Insurance and risk management",
"definition": "A voluntary, non-binding dispute resolution process where attorneys present their cases to a neutral advisor and senior management from both sides. The goal is to facilitate a negotiated settlement by providing an objective assessment of the case's strengths and weaknesses. This process often concludes within one or two days.",
"url": "https://mlchart.com/terminology/insurance/mini-trial/"
}
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