ADR Times 
Negotiating techniques like all techniques in any practice can be developed and perfected over time. Not everyone is born with innate negotiation skills. But it is a very valuable skill to hone because it can pay dividends throughout your life. From the small business owner to the kid throwing a tantrum, our everyday lives require …
Marketing is a vital component of any successful business, including your mediation practice. Mediation is a crucial aspect of conflict resolution and a skill that is widely sought after by individuals and organizations alike. If you are a mediation practitioner, it’s important to have a strong marketing strategy to attract prospective clients and convey your expertise. …
What is arbitration? As arbitration has grown in popularity and success, many businesses, individuals, and countries have begun to use the alternative dispute resolution process to resolve their contract and commercial disputes. International arbitration has also grown as a tool to bridge the legal systems of multiple countries. Arbitration can be a helpful tool to …
Many negotiators will be so focused on claiming the maximum value in a negotiation that they will forget the bonuses from value creation. Being a successful negotiator involves knowing when it is appropriate to give and when it is appropriate to claim. An effective negotiation strategy consists in coming to the bargaining table with creative …
Negotiation has played a crucial role in human civilization. From tribes bartering goods to modern businesses striking multi-million-dollar deals to governments avoiding starting world wars, good negotiators have been essential for survival, success, and progress. Throughout history, some famous negotiations have changed the world and made headlines. These transactions have uncovered critical insights into different …
In this blog post, we’ll go through the basics of what a counterparty is, how it works in different types of transactions and financial markets, and why it is important. When it comes to any form of financial transaction or contract, there is always a counterparty. Understanding the concept of the word counterparty is essential …
As the saying goes “life is a series of negotiations”, with that in mind, what is an important driver to a successful negotiation (and ergo, life)? Negotiation by nature involves the ability to be persuading or influence other people. This makes conflict resolution and alternative dispute resolution an easier practice. The best negotiator aims to …
When it comes to negotiations, understanding concessions is key to successful outcomes. But what really is a concession in the context of negotiating? Concession involves compromises between two or more parties, who are aiming toward a mutually beneficial agreement. Generally speaking, concessions mean trading something deemed important by one party that the other holds greater …
What is ADR? Alternative dispute resolution (ADR) is a blanket term used to speak to a series of defined processes that conflicting parties can use as an alternative to traditional litigation. The principle is comprised of two traditional methods for settling disputes that opposing parties may opt for when an agreement is being a mutually acceptable …
Conflict resolution can be a tricky process, and even those familiar with mediation and negotiation tactics might not be aware of the distinction between positions versus interests. In essence, positions are what individuals say they want in an argument or disagreement – it’s their outwardly stated wishes for how to deal with the issue at …