Preserving Value Through Mediation

more+
less-

Law360, New York (August 16, 2010) -- Too often, parties make decisions during settlement negotiations that end up costing them money. They may, for example, reject an offer, thinking they will receive or save more by proceeding with litigation. In many cases, however, their best option for preserving value would be to accept the resolution achieved through negotiation.

There is empirical proof of this. In 2008, Randall Kiser of DecisionSet in Palo Alto, Calif., and Martin Asher and Blakely McShane of the Wharton School undertook a large-scale analysis of attorney-litigant decision-making.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Alternative Dispute Resolution (ADR) Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© JAMS, The Resolution Experts | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »