Alternative dispute resolution

Expert-defined terms from the Specialist Certification in Contracts in Entertainment Law course at London School of Business and Administration. Free to read, free to share, paired with a globally recognised certification pathway.

Alternative dispute resolution

Alternative Dispute Resolution (ADR) #

Alternative Dispute Resolution (ADR)

Arbitration #

Arbitration

Arbitration is a form of ADR where parties involved in a dispute agree to have a… #

The decision made by the arbitrator is usually binding on both parties, meaning they must abide by the outcome. Arbitration is often used in entertainment law contracts as a way to resolve conflicts privately and without going to court.

Collaborative Law #

Collaborative Law

Collaborative law is a process where parties and their lawyers work together to… #

The parties agree to cooperate and share information in a transparent manner to reach a mutually beneficial resolution. Collaborative law is often used in entertainment contracts to preserve relationships and avoid the adversarial nature of litigation.

Entertainment Law #

Entertainment Law

Intellectual Property (IP) #

Intellectual Property (IP)

Intellectual Property (IP) refers to creations of the mind, such as inventions,… #

IP is protected by laws, including copyrights, trademarks, patents, and trade secrets. In entertainment law contracts, IP rights are often a central issue, as artists and creators seek to protect their work and control its use.

Licensing Agreement #

Licensing Agreement

A licensing agreement is a contract between a licensor (the owner of a product o… #

Licensing agreements are common in the entertainment industry for the use of intellectual property, such as music, films, and merchandise.

Mediation #

Mediation

Mediation is a form of ADR where a neutral third party, called a mediator, helps… #

Unlike arbitration, the mediator does not make a decision but instead facilitates discussion and encourages compromise. Mediation is often used in entertainment law contracts to help parties reach a mutually agreeable solution.

Royalties #

Royalties

Royalties are payments made to an artist, author, or creator for the use of thei… #

In the entertainment industry, royalties are often paid based on sales or usage of music, films, books, or other creative works. Royalty agreements are a common feature of entertainment law contracts, outlining how and when royalties are paid to the rights holder.

Specific Performance #

Specific Performance

Talent Agent #

Talent Agent

A talent agent is a professional who represents artists, performers, and other t… #

Talent agents negotiate contracts, secure work opportunities, and advocate for their clients' interests. In entertainment law, talent agents play a crucial role in helping artists navigate the complex legal and business aspects of their careers.

Work for Hire #

Work for Hire

Zero #

Sum Game

A zero #

sum game is a situation in which one party's gain is exactly balanced by another party's loss. In entertainment law contracts, negotiations can sometimes feel like a zero-sum game, where one party's success comes at the expense of the other. Parties must strive to find mutually beneficial solutions to avoid the pitfalls of a zero-sum mentality and foster positive outcomes for all involved.

By mastering the terms and concepts in this glossary, students of the Specialist… #

From understanding the nuances of ADR to navigating licensing agreements and intellectual property rights, these terms provide essential knowledge for success in the complex world of entertainment law.

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