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. …
While all parts of the divorce process can be complex, asking your spouse to initiate a divorce can be one of the most challenging parts of the process. Learning how to ask for a divorce can be daunting when one spouse has decided that separation is the best thing for the family. Even when divorce …
What is a Consent Decree? The recent rise in consent decrees in the news, especially concerning policing, may have some people wonder what a consent decree is. Consent decrees may feel similar to other forms of settlement agreements, and they function similarly in some ways. Still, there are critical aspects to a consent decree that …
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 …
Similar in some ways to a judgment from a court, an arbitration award decides how the dispute will be resolved. See how it differs from a litigation judgment.