By Dennis Klein, Critical Matter Mediation ( April 28, 2017, 12:02 PM EDT) -- The end of the mediation day is near. There has been no success in negotiating a resolution. Everyone is frustrated and the mediator is ready to declare an impasse. Should a mediator — the legal neutral to the dispute — try to resolve the case by issuing a nonbinding proposal based upon a dollar amount that he feels could be accepted by the parties? With more frequency, the answer that the mediator, counsel and the parties have reached is a resounding "yes." Mediators' proposals, which call for an unconditional and confidential acceptance or rejection, are resolving high-value disputes on a regular basis. Why is this occurring and what are the tactical implications for litigants in anticipating that a mediator's proposal could resolve litigation?...
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.