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"amicable arrangement" is a correct and usable phrase in written English.
You can use it to refer to an agreement or settlement between two parties, typically one in which they can both benefit. For example: "The two parties reached an amicable arrangement regarding the terms of the sale."
Exact(12)
This odd but amicable arrangement is the result of a tacit compromise between Lisbon & Peking.
But Mackenzie has now taken control in what the company said was an amicable arrangement.
But the music teacher and I came to an amicable arrangement and it didn't cost me very much.
Lazar will make a deal for anyone and, later on, work out a more or less amicable arrangement with whoever the agent may be.
And it pointed out that the government estimates that 100,000 parents will not reach an amicable arrangement once their CSA cases are closed.
But if the Codey administration is making modest progress on getting its two star tenants to come to an amicable arrangement, time is not on their side.
Similar(45)
If there is no amicable agreement, the collateral is liquidated.
Ms. Gore Schiff and Dr. Schiff have an amicable joint custody arrangement, and she is said to be doing better these days.
For some who have amicable, though informal, arrangements with their exes, a father's financial contributions and his good relationship with the children are too valuable to risk by entering the adversarial legal system.
The arrangement was open, amicable and, in Swinton's words, "just so sane".
The couple and their newborn daughter lived in a large house in Kensington with the literary agent Hilary Rubinstein, his wife, their four children and various boarders, an arrangement that remained amicable for 17 years.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com