Mediation Is an Effective Risk Management Strategy, but Be Thorough.

An old adage states, “The worst settlement is often better than the best trial, particularly for the losing party.” This was true in a recent upstate New York case where a jury awarded damages twenty times the realistic settlement value. How does that happen? What did the defense miss to be so far off? Quite simply: it is all about risk analysis….
By: NAM (National Arbitration and Mediation)