Monday, October 29, 2007

Justice Delayed is Justice Denied...

How long do you think it takes a case to wind through the legal system to get to the U.S. Supreme Court?

How about the Exxon Valdez oil spill, which occurred on March 24, 1989 and just reached the U.S. Supreme Court today (October 29, 2007)?

That's 18+ years...



And remember... it isn't over yet!


Tuesday, August 28, 2007

Interested in reading a great book about the psychological side of negotiations?


Have a look at:

Covert Persuasion: Psychological Tactics and Tricks to Win the Game (Hardcover)
by Kevin Hogan and James Speakman.

  • Hardcover: 223 pages
  • Publisher: Wiley (September 18, 2006)
  • Language: English
  • ISBN-10: 0470051418

It offers a wealth of information about how to frame your words in any negotiation setting.

Must not be missed!



Thursday, May 31, 2007

Salary Negotiation Strategy

We all negotiate... but salary negotiations are one of the toughest skills employees have to master.

Military.Com just published an interesting article about salary negotiations.

Perhaps you should have a look?

Thursday, May 10, 2007

Litigation as a Negotiation Tactic

Almost all the time... especially for "little people"... filing a lawsuit is a sure way to END negotiation. At that point, the lawyers take over, and you are normally in for an expensive, time consuming... and very public spectacle. Maybe sometime down the road, the lawyers themselves will settle the matter using negotiation, but the litigation expenses (lawyer's time, depositions, interrogatories, requests for production, requests for examination, court motions, etc.)... the time wasted... and the public records... all will remain. Given human nature, the chances of these parties ever voluntarily doing business again in the future is pretty much nil.

So, as a general rule, if you NEVER want to do business again with someone, file a lawsuit!

But there can be exceptions...

Sometimes major corporations, with extremely deep financial pockets, can USE lawsuits as part of their negotiation tactics and strategy. The idea (if you have plenty of money) is to use litigation to pressure your opponent into settling or into getting a better deal than you otherwise would get without the litigation. In this case, you are using litigation as an adjunct to your normal negotiation tactics. In essence, you are running two tracks in parallel... an ongoing negotiation track.... and, of course, a separate litigation track.

See for example... Google Decides To Fight Back Rough Against Viacom.

All this is fine, but when two financial giants do battle in a public court of law, should taxpayers subsidize the filing fees and other court expenses in this contest of giant corporate egos? (Court filing fees, in the US, are generally the same for everyone, rich and poor alike.) Or should the rules be amended so that when a giant corporation files a lawsuit, it has to pay proportionately higher court filing fees based upon its market capitalization?

What do YOU think about this?

Thursday, May 3, 2007

The Granddaddy of All Negotiation Books

If you haven't read it yet, you simple MUST read "Getting to Yes: Negotiating Agreement Without Giving In " by Roger Fisher and William Ury.

Not that this is a perfect book in any way. It simply won't help you in a situation like negotiating one time for a used car... a situation where you'll never see the other person again and have absolutely no interest in maintaining a relationship with them.

But in any situation where you DO have an interest in maintaining an ongoing relationship, like between a manufacturer and a supplier, the ideas in this book can be extremely helpful!

The book introduces the concept of BATNA... Best Alternative To a Negotiated Agreement. The idea is that you should go into any negotiation with your best alternative in mind, should this negotiation fail. If the present negotiation starts heading in the wrong direction, you certainly have an idea of what your best alternative is, and thus you should be prepared to choose it, if the current negotiation does not provide the prospect of something even better.

A classic... well worth your time and attention!

Thursday, April 26, 2007

Introducing... Negotiation!

I have a large personal library on the subjects of negotiation... mediation... and arbitration.

As a lawyer myself, I know that involving courts in disputes is extremely costly... time consuming... and (most distressing if you are unaware that virtually all court files are open to public inspection, by anyone, at any time) publicly on file forever.

That's why I have been involved with alternative dispute resolution... principally acting as an arbitrator settling disputes quietly and privately.

I have come across some great books and want to share them with you... so I created this blog!

I will be highlighting some of the best reading in this field... so... if you negotiate at anytime, for anything (and who among us doesn't?), you might want to see what I have to say about great books that can substantially improve your own negotiation skills and results!

More soon...