Golden Rule of Negotiations | Strategy for Lawyers and Law Students

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 21

  • @LawVenture
    @LawVenture  3 роки тому +3

    What is your approach with Negotiations? Let me know with a comment!

    • @jeremylawrenceamadehilledw6515
      @jeremylawrenceamadehilledw6515 3 роки тому +2

      Very good point about trying to settle before filing.
      I think the general rule is the side better prepared to try their case is going to 'win' in negotiation. I would try to understand our case's weaknesses, the client's minimum, and the client's target. The opposing party will tell you what they want and I guess it's up to us to work out what they will accept. But what opposing party will accept depends on the circumstances and potenetial consequences of the litigation. So I would look for something to use against the other side; could be anything. Perhaps the adjuster needs to meet their deadline and you can kill 'em with kindness. Perhaps opposing party is rich with complex financials (and perhaps tax avoidance) related to family wealth; maybe they slip up a page in discovery, which looks like an undisclosed bank account; maybe your client will need to hire a forensic to establish opposing party's cash flow. Or perhaps opposing party has a particular character flaw that leads then to care too much about something, financial or personal, which is relevant to the case and can be made an issue, such that they really have skin in the game. Or perhaps opposing counsel has a reputation for trying to settle and you simply out work them before offering trial. It could be anything, but I think the common thread is you know your case and are ready to go, and know something about your opponent's case that either they do not know, or which is a triable issue of consequence to opposing party or counsel.

  • @EricHsiao-dragonted
    @EricHsiao-dragonted 2 роки тому +5

    I'm a 3rd party lien negotiator for a couple of law firms in CA. I use the same tactics when I'm negotiating liens and kindness does go a long way. Great advice.

  • @donnellhicks
    @donnellhicks 2 роки тому +2

    You have the right approach to be a lawyer for many years. I know many lawyers that have health issues because they are always fighting the opposition. Thank you for sharing your strategy the world would be a better place if we had more kind humans.

  • @euo95
    @euo95 3 роки тому +7

    Great tips on being personable! I've worked in retail before law school and customers love when you remember facts about them!

    • @LawVenture
      @LawVenture  3 роки тому +2

      Absolutely!!

    • @PM_Nunya_Bidness
      @PM_Nunya_Bidness 3 роки тому +2

      I worked retail through business school. It taught me so much that still comes in handy now that I work in finance...like how to be a calm, likable human that people don't hate and actually enjoy working problems out with. lol

  • @Ibekkeivv
    @Ibekkeivv 4 місяці тому

    these are very practical approaches but i would appreciate more technical skills in negotiation as a law student for negotiation competitions, thanks!

  • @fdoihgsd
    @fdoihgsd 3 роки тому +1

    can you do more videos relating to what comes after client intake/settlement issues. thanks!

    • @LawVenture
      @LawVenture  3 роки тому

      I'm not sure that I'm understanding. Anything specific you're wanting to see content on? There's a LOT that comes after client intake (the whole case haha).

    • @fdoihgsd
      @fdoihgsd 3 роки тому

      @@LawVenture more on how you go about getting information from the client on the case/settlement issues - things done pre-trial

  • @answer420
    @answer420 Рік тому

    I need a rep to help me in negotiations for a trade secret misappropriation settlement.

  • @derekestump6435
    @derekestump6435 6 місяців тому

    Great advice sir,and ty!~

  • @charlieluke1886
    @charlieluke1886 3 роки тому +2

    Love your channel!

  • @ursimplythebest
    @ursimplythebest 2 роки тому

    What state are you located in?

  • @carlaraimer718
    @carlaraimer718 Рік тому

    Thank you

  • @andrewrushworth6399
    @andrewrushworth6399 2 роки тому +1

    You gave me the impression you were trying to get a date with her

  • @MikeVallez1
    @MikeVallez1 8 місяців тому

    You should wear a suit.

  • @idolhanz9842
    @idolhanz9842 Рік тому +1

    Properly keep the case in it's proper perspective. Is this a catastrophic loss or is it a life altering? Or is it just a nuisance value case? Was it outrageous, like assault, ?video recorded ? Im Pro Se in Federal court in Califmexifornistan, heading to settlement conference with a magistrate judge mediating..