Alternative Dispute Resolution
May 27, 2011
The Devil Is in the Details
A draft settlement agreement is the GPS of mediation, reaching a verbal agreement without this is a risk that should never be taken. By Patricia L. Collins of ADR Services Inc.
It is 7 p.m. You and your clients have been plugging away all day in an earnest effort to settle a contract dispute. After innumerable starts and stops, you are exhausted and hungry, but have finally reached a verbal agreement with the opposing parties. Now is the time to head out for a celebratory dinner. Not so fast. The important work of the day has just begun and unless you have prepared in advance for this work, you may very well learn...
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