6 Tips For Success At The Settlement Table

Law360, New York (October 11, 2010, 1:33 PM EDT) -- The vast majority of lawsuits filed every day are destined to settle, so being well-prepared for settlement talks is a vital skill for any attorney, say experts.

When talking with clients about whether to settle, it's important that lawyers first present a realistic picture of their chance for success, and a “ruthlessly honest appreciation of risk,” said Louis M. Solomon, co-chairman of the litigation department at Cadwalader Wickersham & Taft LLP.

“Even a bad resolution that you control for a lot of people is better than...
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