Partnering Law and Legal Definition

Partnering refers to a method that is adopted for preventing a dispute relating to large construction projects. This method is commonly used in joint ventures. In this method, with the help of a third-party, the parties to the project generally assemble for a several-day retreat away from their organizations before stating their work. In such meeting the parties get an opportunity to know each other. They also discuss some of the likely rough spots in the project; and they even try to settle the misunderstandings and disputes as the project progresses.