The document discusses the creator's motivation for developing an alternative tool for mediation called The Settlement Machine. Due to his 30+ years of experience handling construction disputes, the creator believes mediation is often a waste of time and money because attorneys do not have incentives to resolve issues quickly. They advise clients to inflate damages so positions become more extreme, reducing chances of settlement. The creator then describes having the idea for a blind bidding tool while observing a deposition, realizing it could allow early, realistic offers without compromising future negotiations. This became The Settlement Machine, an online tool for binding, blind offers with no fee for unsuccessful use.
How can knowledge of types of ‘legal funding’ available for dispute resolutio...Priya Saggar
How can knowledge of types of ‘legal funding’ available for dispute resolution be improved? - Jacqueline Harvey, Underwriter at AmTrust Law discusses with Modern Law Magazine
Legal Aspects of Business (VV2)
We Also Provide SYNOPSIS AND PROJECT.
Contact www.kimsharma.co.in for best and lowest cost solution or
Email: amitymbaassignment@gmail.com
Call: 9971223030
How can knowledge of types of ‘legal funding’ available for dispute resolutio...Priya Saggar
How can knowledge of types of ‘legal funding’ available for dispute resolution be improved? - Jacqueline Harvey, Underwriter at AmTrust Law discusses with Modern Law Magazine
Legal Aspects of Business (VV2)
We Also Provide SYNOPSIS AND PROJECT.
Contact www.kimsharma.co.in for best and lowest cost solution or
Email: amitymbaassignment@gmail.com
Call: 9971223030
Treasure island downbranding a service offering to appeal to the mass market ...Douglas McPherson
If you manage the set-up in the right way and ensure there is a distance from your main brand, fixed price/commoditised off the shelf services can deliver.
Negotiation Skills: The Missing Ingredient to Career SuccessJack Molisani
In this session, I share what I see is holding most content professional back from quantum leaps in career development: soft skills like conflict resolution skills, workplace negotiation skills, and more.
Attend our September meeting for a fun and interactive session that is guaranteed to increase your “promotabilty” and advance your content career!
Honing your workplace negotiating skills Jack Molisani
We all find ourselves negotiating for what we want, whether we're trying to manage the scope of a project, negotiate a job offer, or ask for a raise.
During this workshop you will practice how to successfully navigate a negotiation, including:
How to prepare for a pending negotiation
How to set the stage for success
How to get what you really want
When to cut your losses and start over elsewhere
Jack will draw on experience as both a buyer and seller of corporate services, and will share war stories from both sides of the negotiation table in this hands-on segment on how to hone your workplace negotiation skills.
This final workshop of the day will give you the tools to get what you want, not what you are offered.
“You don’t get what you deserve, you get what you negotiate!”
Negotiation skills the missing ingredient to career success psstcJack Molisani
Technical Writing has always been a field in which we plan for output channels that don’t even exist yet, but it seems like authoring tools and technology are evolving faster the than technology we are writing about.
In this session I’m not going to talk about the latest tools and technology you need to learn to stay competitive. Instead, I’ll share what I see is holding most content professional back from quantum leaps in career development: soft skills like conflict resolution, workplace negotiation skills, and more.
The three-steps guide for successful litigation procedures. Information about third-party litigation funding included. Worthwhile literature provided by Redress Solutions, London, UK.
1. WHY I CREATED A SUBSTIUTUE TOOL FOR MEDIATION
How manytimeshave youhave youseena mediatorpropose asettlementthathasno relationtothe
meritsof the case? I’ve seenittoomany times. The facts feel almost irrelevantbecause the mediator
inevitablyproposesasettlementsomewhere close tothe middle. Ihave beenhandling construction
disputesbetween owners,general contractorsandsubcontractorsforover30 years. While mediation
has become astandard requirementincontractdispute resolutionclausesinthe constructionindustry
inmy experience itisawaste of time andmoney - but why?
I believeitismainly due tothe fact that attorneysare notincentivizedtosolve problemsquickly. Thisis
a major problemwiththe legal systemand itisnot goingaway.Since mediationisusuallynotbinding
there isalsothe fearthat anyrealisticoffer couldcompromiseafuture settlementif bindingarbitration
or a trial becomesnecessary atalaterdate. Infact, rather than encouragingtheirclientstomake
realisticoffers early inthe dispute mostattorneys, inmyexperience, advisetheirclientsto inflate the
damagesso thattheirclientscancome downfromtheirinitial position andstill gettheirdesired
outcome. Of course both partiesdothisso that theyendupcomingintomediationfartherapartthan
theywere originally. It’sall a recipe forfailure.
I rememberthe exactmomentIcame up withthe ideaforThe SettlementMachine. I wassittingina
depositionforasuitinwhicha formeremployeewassuingthe ownerof a companyforwhichI had
beenthe CFO. Duringthe breaksIapproachedeach partyand askedif eitherof themhadmade a
realisticofferthattheycouldlive with. Of course the answerwasno and theyboth informedme that
theirrespective attorneys hadadvisedthemthattheyneededtogetabetterunderstandingof the case
before considering anyoffers. Itwas clearto me that theirattorneys,whowere of course inattendance
and rackingup billablehours,hadnodesire foranytype of deal and were verycontenttospendtheir
respective client’smoney.
Duringthe course of the depositionIhadthe idea – what if theycouldmake a realisticofferthatwas
blindtothe otherparty? If this were possible it wouldeliminateanypossible objectionthatthe offers
couldcompromise future litigation. Andby nothavingto show theircards theycouldmake a realistic,
businessbasedofferearlyinthe dispute BEFOREspendingalotof moneyand time preparingforthe
mediation. SoIdecidedtocreate a simple,online tool whichcouldbe usedtomake bindingoffersthat
are blindtothe otherparty. Thiswas the birthof The SettlementMachine.
It can be foundatThesettlementmachine.com. All youhave todois go to the site,create anaccount,
create a newcase and enteranofferamount. If a settlementisnotreachedthere isnofee charged for
itsuse. If a settlementisreachedthe fee isasmall fractionof the settlement amount. There isnothing
to lose bygivingita try.
I’ve beeninvolvedinrunningconstructioncompaniesforover30 years. I’ve nevercreatedanonline
businessbeforebuthave completelyenjoyedthe process. Infact,thisis myfirstblog. I’ve learneda
tremendousamountinashort time butfeel like Ihave barelyscratchedthe surface. Iwouldappreciate
any feedbackabouthowto improve The SettlementMachine andIwouldalsolike tohearwhyyou
2. wouldor wouldn’tuse atool like this. Ilook forwardto hearingfromyouand I will domybestto make
future blogsinterestingand informative.
AdamNickerson
The SettlementMachine