Add Your PerspectiveApril 29, 2010

Settlement Perspectives: The Newsletter, April 2010

A Brief FYI for Readers Seeing This as a Post Online:

This continues the series of Settlement Perspectives Newsletters I started in 2009, sent occasionally to those who have requested the email version. Future versions will be shorter, published monthly, and generally sent by email only. If you’d like to receive the next edition directly, feel free to send me an email or sign up using the space provided on the right and I’ll put you on the list.  Thanks–

JD

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Dear Newsletter Reader–

Welcome to another issue of Settlement Perspectives’ occasional newsletter, designed to explore even further what we usually discuss — thoughts on how to resolve disputes and get your deal done.

These newsletters are designed to deliver three things:

1. A preview of upcoming posts on Settlement Perspectives;
2. Recent news, comments and miscellaneous information; and
3. Links to recent posts on Settlement Perspectives.

Miscellaneous News, Comments and Events

I’m happy to report a few recent developments:

• New professional website. In February I launched johndegroote.com as More…

Categories: Blogging,Miscellaneous,Newsletters

6 PerspectivesApril 28, 2010

Avoiding the Limitations of Decision Trees: A Few Tips from Mediators Who Use Them

No tool is perfect, and decision trees are no exception.  A few of the comments on prior posts in this series have explored some of the problems mediators and advocates have with decision trees and what we can do about them.  Today we’ll explore both the problems some mediators see in decision tree analysis and how those mediators make the tool more effective for parties and their counsel.

Garbage In, Garbage Out

Garbage in, garbage out is a problem in all forms of data analysis.  In decision tree analysis every input — from numerical values to probabilities to the construct of the diagram itself — affects the output, or the expected monetary value of your case.  Los Angeles mediator Joseph C. Markowitz summed it up nicely in Quantifying Uncertainty:

One [kind of uncertainty that decision trees can never resolve] is the More…

Categories: Decision Trees,Mediation,Negotiation,Settlement,Tactics

4 PerspectivesApril 22, 2010

Decision Trees in Mediation: A Few Examples

It’s no secret that I believe decision trees can make a difference as you try to settle your next lawsuit, and my series on decision trees will tell you why.  But I’m not the only one.  Your comments to my prior posts, our follow-on discussions since then, and a little research confirm that a confident minority of mediators and litigators use them, too.  This post is the first of three over the next few weeks that will give you real-life examples of how decision trees are used to settle disputes.

How do mediators and advocates use decision trees in mediation? A month or two ago we had a great discussion among the Commercial and Industry Arbitration and Mediation Group on LinkedIn styled “Do You Use Decision Trees in Your Mediation Practice?” More than a few mediators and negotiators spoke up, with each providing insight into how decision trees can help get your case settled.  I’ll highlight some of those tips, and a few more from other sources, in this and subsequent posts over the next two weeks.

A Better Way to See the Dispute

Portland area mediator Debra Healy summarized the thoughts of many when she said that mediators can use decision trees as More…

Categories: Decision Trees,Mediation,Negotiation,Settlement,Tactics

2 PerspectivesApril 1, 2010

The Multi-Step Dispute Resolution Clause: A Few Reasons Why Clients Like Them

Last week we defined multi-step dispute resolution clauses and explored why a dispute resolution framework, negotiated before the contract is signed, can help businesses avoid litigation in many cases.  This post will give you a few more reasons why your client might want a multi-step dispute resolution clause next time — even if a dispute seems unlikely.

To better understand why I spoke with my longtime transaction counsel Colleen Vossler last week, and she made her clients’ case clearly:

In my experience many clients with long-term contracts understand the intrinsic value of creating, at the outset of the relationship, a roadmap to follow when disputes arise. Importantly, the client shares the same roadmap with the other party – rather than creating separate roadmaps when the dispute is upon them. Clients who have experienced conflicts in long-term contracts, where the preservation of the relationship may have more value than in a short-term contract, often view these clauses as an insurance policy for when a dispute arises.

The “roadmap” provided by a multi-step dispute resolution clause More…

Categories: ADR,Communication,Negotiation,Settlement