Using Financial Information In Settlement Negotiations
July 14, 2011, 4:54 PM EDT
Law360, New York (July 14, 2011, 4:54 PM EDT) -- When advising your client that a settlement has been reached to resolve a major dispute, how do you evaluate whether your client received a favorable outcome? In a typical corporate dispute, a company and its outside counsel will assess the legal issues and economic damages using a variety of analyses, and then either go to settlement or trial. All of this is based on the evidence gathered and counsel's deep understanding of the legal issue(s).
This traditional process, however, may leave out valuable information that could...