Settlement
SETTLEMENT
"If we settle with the opposition, it’s a group decision."
Having taught negotiation at the University of Paris X Nanterre, Mr. WITT Esq. attaches great importance on settling a case. This is fundamental before fronting costs incurred in litigation for three reasons :
- the full procedure is usually long and costly;
- although long litigations help the attorney earn a great deal of money in the short term, this money is taken directly from the client, which is against our ethical standards if such a procedure is not necessary ;
- in addition to the financial loss, the procedure can become psychologically cumbersome for the client.
From the first meeting, Mr WITT Esq. studies with the client the chances of success. If settling seems appropriate, which is usually the case, a case law study is carried out to determine the range regarding the amount of damages generally granted to other plaintiffs in such a dispute.
From there, lawyer and client determine the negotiation goal, meaning the most the client can hope to obtain, as well as the negotiation limit which represents the most unfavorable arrangement the client should accept instead of continuing the proceedings.
Through his experience and exceptional capacity to understand the various negotiation parameters (even the most subtle ones) at every stage of the procedure, Mr. WITT Esq. can quickly and effectively resolve when the opportunity arises.