3 PerspectivesDecember 15, 2009

Insurance Coverage: 4 Rules and 10 Tips for Policyholders

When the big case comes in, will you be ready for it?  As you work to better understand your story, lock down your documents, and brace for the PR impact, what else do you need to worry about?  Unfortunately insurance coverage is often way down the list — a mistake most don’t realize until it’s too late.

Recently the ACC Docket featured a piece that Wendy Toolin Breau and I coauthored on managing insurance relationships in the midst of significant litigation, entitled “‘Bet the Company’ Litigation from a Policyholder’s Perspective”.  Although you may want to read the entire article when your next big case comes in, the 4 rules and 10 tips we discuss appear below.

Preserving Insurance Coverage:  4 Rules

Insurance is a practice area unto itself, and there are few rules that apply in all situations.  But I have never seen an exception to these four:

1. Always act like a reasonably prudent insured. When confronted with a decision, what would you do if you were not insured?
2. Never try to outsmart yourself. Never rely on colluding with More…

Categories: Mediation, Miscellaneous, Negotiation, Settlement, Strategy

Add Your PerspectiveDecember 9, 2009

Delivering Bad News in Negotiation: 3 More Tips

Last week we discussed why a small group is usually a better audience for bad news in Delivering Bad News:  How Big Is Your Conference Room? Yet if small group delivery is not an option, what else can you do to get a difficult message across?  Three tactics come to mind.

Manage Expectations

Long Before the Mediation Starts. Last year I wrote Managing Expectations:  An Unexpected Lesson on the Bus to Hertz, and the lesson holds true in conference rooms, too.  Not so long ago I had a case against an online retailer whose CEO enjoyed an irrational confidence in his case. With our mediation just a month away, I knew we had to move the CEO much closer to reality to get the case settled.  Rather than surprise him at mediation with documents and bad facts he hadn’t yet seen — like the guys in my post last week did to me — I spent a great deal of time More…

Categories: Communication, Fundamentals, Mediation, Negotiation, Settlement, Strategy, Tactics

2 PerspectivesFebruary 6, 2009

Claims for Attorneys’ Fees: How Rule 68 Can (Sometimes) Help

Most lawyers in federal court believe that Rule 68 isn’t much of a threat, and for the most part they’re right. We discussed why this is true previously, but in that same post we highlighted one noteworthy exception: Rule 68 can cut off plaintiffs’ claims for attorneys’ fees in some cases. Today we’ll discuss when that might be, and how you can make Rule 68 work for you.

Rule 68 and Attorneys’ Fees: The Law

The General Rule. As we discussed more fully in Part I of this series, the text of Federal Rule of Civil Procedure 68 imposes a penalty on a plaintiff who refuses More…

Categories: Negotiation, Rule 68, Strategy

Add Your PerspectiveNovember 18, 2008

“Blink”: Why No One Starts with a Clean Slate

The call comes in from out of the blue.  You don’t know her;  it’s Jen Spaziano, and she represents the company your client is — or perhaps was — merging with.  Apparently there is a problem, and she is proposing to mediate before litigation.  Your fingers work the keyboard to figure out who she is while she’s still talking:  Skadden.  Partner.  Woman.  Pepperdine Law 1995, summa cum laude.  Boston College undergrad.  You begin to react.  Do you respond any differently than if the call came from Bill Adams?  Of course you do.

Blink:  One Professional Starts with a Clean Slate

In negotiation no one starts with a clean slate; we file that lawsuit, we walk into that conference room, or we place that call, and our identities are immediately revealed.   More…

Categories: Communication, Fundamentals, Negotiation, Strategy