Add Your PerspectiveJanuary 27, 2010
New Information: One Way to Help Your Client Save Face
The mediation had dragged for an entire day, and we hadn’t made much progress. The other side said they couldn’t give any more, and we wouldn’t, either. The mediator’s proposal that followed was the best deal we’d ever get and, frankly, it was the right number. But my client’s COO reacted instantly, calling in a “no” on his way home. Our answer was due to the mediator in in 24 hours.
As I prepared to discuss the mediator’s proposal with our executive team and the COO the next day I realized my client might have painted himself into a corner — after a good night’s sleep I was confident he would want to change his mind, but sometimes it’s not that easy.
Only Two Ways to Get the Case Settled
I debated how to settle the case that day, and there were only two ways to get it done: with my COO or without him. I could gather the facts and work to More…
Categories: Communication,Mediation,Negotiation,Settlement,Tactics
3 PerspectivesJanuary 6, 2010
Zen Unicorn: 4 Mediator Marketing Lessons from Seth Godin
Marketing guru Seth Godin isn’t a mediator and, as far as I know, doesn’t even know what one is, but that doesn’t seem to matter. From my perspective — the perspective of one who often selects the mediator — the marketing lessons in Zen Unicorn are tailor-made for mediators and settlement professionals.
Godin has written more than a few books already, but his recent Zen Unicorn is a great idea. It simply rolls up some of the best posts from his blog over the past 3 years and presents them in a click-free, Kindle-only ebook. Four of those posts, and why they’re relevant to mediators, include:
Make something happen
“The best time to plant an oak tree is 20 years ago, and the second best time is now.” I don’t know who said it, but it certainly applies to marketing. In Make something happen Godin tells us to More…
Categories: Blogging,Communication,Mediation,Miscellaneous
6 PerspectivesDecember 31, 2009
A Simple Thank You
Yesterday I got to spend a little time with Michael Maslanka, whose Blawg 100-listed Work Matters site many of you might know. As Mike and I shared ideas and perspectives on Web 2.0, blogging in general, and the true sense of community that drives it all, I reflected a bit on 2009 and the people and personalities that make Settlement Perspectives what it is.
While that first post of 2009 seems like only yesterday, a lot has happened since then. Through it all many of you have subscribed to, commented on and forwarded the posts you have seen here, and for that I cannot thank you enough.
In addition to the active readership we have at Settlement Perspectives, several prominent bloggers and publications have linked to our posts. Following up on a great idea I saw earlier this week on the Loree Reinsurance and Arbitration Law Forum, I take this opportunity to highlight many of those blogs and publications as a way to say “thank you”.
Decision Tree Analysis And More
Early in the year we did a series on decision trees and how to use them more effectively in mediation and litigation. The series generated some interesting discussions, including:
- The National Law Journal’s “Corporate Warfare Has to Make Business Sense These Days”, written by Michael Cavendish — a business litigator who knows what questions to ask and who understands where the practice of law is headed;
- Litigation Accounting for In-House Counsel at the IP ADR Blog, now Commercial ADR – Commercial Solutions to Justice Problems, which is a new initiative from talented trainer and mediator Victoria Pynchon;
- Diane Levin’s post A round-up of must-read articles for professional mediators, which More…
Categories: Blogging,Negotiation
5 PerspectivesDecember 15, 2009
Insurance Coverage: 4 Rules and 10 Tips for Policyholders
When the big case comes in, will you be ready for it? As you work to better understand your story, lock down your documents, and brace for the PR impact, what else do you need to worry about? Unfortunately insurance coverage is often way down the list — a mistake most don’t realize until it’s too late.
Recently the ACC Docket featured a piece that Wendy Toolin Breau and I coauthored on managing insurance relationships in the midst of significant litigation, entitled “‘Bet the Company’ Litigation from a Policyholder’s Perspective”. Although you may want to read the entire article when your next big case comes in, the 4 rules and 10 tips we discuss appear below.
Preserving Insurance Coverage: 4 Rules
Insurance is a practice area unto itself, and there are few rules that apply in all situations. But I have never seen an exception to these four:
- Always act like a reasonably prudent insured. When confronted with a decision, what would you do if you were not insured?
- Never try to outsmart yourself. Never rely on colluding with More…
Categories: Mediation,Miscellaneous,Negotiation,Settlement,Strategy