final Flashcards

1
Q

Alternative Dispute Resolution

A

Arbitration, Mediation, Negotiation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Arbitration

A

A form of ADR where a neutral third party (arbitrator) makes a binding decision to resolve a dispute.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Mediation

A

A form of ADR where a neutral third party (mediator) helps the disputing parties reach a mutually acceptable agreement.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Litigation

A

The process of resolving disputes by filing or answering a complaint through the public court system.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Prep & Planning

A

The initial stage in negotiation where the negotiator prepares and plans the strategy and approach.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Determine Proper Valuation of Case

A

Conducting factual and legal research about the damage amount, probability of success, and cost to prosecute.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Determine Clients Needs, Wants & Objectives

A

The process where the client lists and ranks each objective to clarify their goals.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Determine Appropriate Strategy & Style

A

Choosing the suitable strategy and style for negotiation based on the case specifics and client preferences.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Adversarial Strategy

A

A zero-sum game approach where one party’s gain is another’s loss, focusing on economics of dispute.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Problem Solving Strategy

A

A negotiation approach where both parties aim to satisfy their needs, focusing on underlying interests rather than just economics.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Cooperative Style

A

A negotiator who aims to resolve the problem amicably, used when bargaining power is low or maintaining relationships is important.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Competitive Style

A

A negotiator who is aggressive and assertive, used when strong bargaining power exists and offending the other party is not a concern.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Devise Opening Offer

A

Creating a high or low but credible offer, justified with reasons and objective criteria.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Information Gathering

A

Collecting pertinent information during negotiation about the opposing counsel, their constraints, authority, workload, and motivation.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Types of Questions

A

Open-ended, narrow, yes/no, leading, and funnel approach questions used to gather information.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Impediments

A

Factors that can hinder negotiation, such as ego threat, result threat, role expectation, perceived irrelevancy, greater need, forgetting, time, and money.

17
Q

Techniques to Motivate Response

A

Methods like educating opposing counsel, being empathetic, active listening, silence, clarification, and reflection.

18
Q

If Don’t Want to Answer

A

Strategies to avoid answering questions, including truth, avoidance, lying, or stating no evidence exists.

19
Q

Prepare Appropriate Tactics

A

Actions used to implement strategy and style in negotiation.

20
Q

Threats

A

Should eb used sparingly, communicated effectively, and made only when willing and able to carry them out.

21
Q

Ego Threat

A

Avoiding personal bias that can interfere with the ability to represent a client effectively.

22
Q

Time Pressure

A

Setting credible deadlines and being willing to adhere to them.

23
Q

Feigned Anger

A

Using fake anger sparingly and only if capable of making it credible

24
Q

Aggression

A

Using aggression sparingly and only if capable of making it credible, defended against by using multiple negotiators or staging termination.

25
Q

Boulwarism

A

Making a “take it or leave it” offer at the beginning of negotiation, used only when sure of the strength of the position.

26
Q
A
27
Q
A