What is a Negotiation?
Negotiation involves arranging or settling matters through discussion and mutual agreement. Negotiations are common in personal injury cases, where discussions occur between the plaintiff (usually the accident attorney or injured person) and the insurance adjuster. The aim is to reach a final settlement amount that both parties agree upon.
According to the Harvard Law School Program on Negotiation (PON), negotiation is defined as “a dialogue between two or more people or parties intended to reach a beneficial outcome over one or more issues where a conflict exists with respect to at least one of these issues.” As such, it is fundamental in legal proceedings as through effective communication, ideally both patiew can achieve an outcome to satisfy the interest of all parties involved.
A perfect example of negotiation could be that following a car accident, the two parties negotiate in order to ensure that the person harmed receives compensation without undergoing a trial process. While neither party may get completely what they want, negotiations help to speed up resolutions of claims, and provide certainty in awards for restitution, something that could be lower if the matter was brought to trial. Understanding negotiation principles and strategies is essential for individuals, professionals, and organizations,particularly in the legal field. to navigate conflicts, achieve agreements, and pursue shared objectives effectively.
More information about Negotiation
Should I Accept the First Insurance Settlement After a Scranton Car Accident?
The Insurance Company Offered a Settlement. Should I Take It?
After an automobile accident, you are likely to be experiencing a great deal of physical pain and emotional distress. You may be tempted to immediately accept the first offer from the other driver’s insurance company to put the car accident behind you as quickly as possible. However, this is almost never a good idea.
An insurance company is necessarily looking first and foremost to its own bottom line, and not to what would be fair compensation for you. The insurance company makes money by keeping its payouts as low as possible, and can take advantage of your desire for a speedy resolution to make you a low settlement offer that does not provide a fair settlement for your personal injury.
If you have questions about a car accident settlement, your first step is to contact an experienced car accident lawyer at Munley Law Personal Injury Attorneys. […]
Read MoreMore information about Negotiation
What Qualifies as Personal Injury?
How Do I Know If I Have a Personal Injury Claim?
You may have seen TV ads, billboards, and more advertising the services of personal injury lawyers, but what exactly what does this term mean? In this article, we’ll explore the meaning of personal injury, and how it may impact you and your life.
Remember: if you or your loved one has been injured in an an accident, you may have a right to compensation. Don’t hesitate to contact Munley Law Personal Injury Attorneys to discuss your personal injury claim and learn we can help protect your interests.
Understanding Personal Injury
While we all try to go about our daily lives safely and responsibly, the reality is that accidents do happen. Often, these accidents — whether that be a car accident, a slip and fall, […]
Read MoreMore information about Negotiation
Who is Responsible for a Truck Accident in Philadelphia?
Can Multiple Parties Be Responsible for a Trucking Accident?
Truck accidents involving passenger vehicles are complex, especially when it comes to determining who is responsible for the truck crash. Truck accidents require a thorough investigation to discover who is at fault. Unlike a normal car accident, there could be multiple parties responsible, such as the truck driver, trucking company, the shipping company, or the manufacturer of the vehicle.
If you or a loved one were injured in a truck accident caused by the negligent actions of a truck driver or the trucking company, know that you likely can recover compensation for any losses. An experienced truck accident lawyer at Munley Law Personal Injury Attorneys can investigate the crash and identify all defendants. Learn more about how a Philadelphia truck accident lawyer can help you recover losses for your truck accident injuries. […]
Read MoreMore information about Negotiation
Can a Car Accident Claim be Reopened?
Can You Reopen a Past Car Accident Claim?
The aftermath of a car accident can be an immensely stressful and overwhelming time. The financial burden of medical bills and additional damages, the mental and emotional weight of trying to get back to your regular life, the physical strain of your injuries–it’s a lot. What’s more, the process of making an insurance claim or a legal claim can feel wildly daunting. It’s very normal to feel confused by the process, and to want it to be settled and done as quickly as possible. No one wants to spend more time than they have to talking to the insurance company and navigating the claims process when they’re trying to heal.
But what happens if you do reach a settlement agreement and close your car accident claim, only to realize that, […]
Read MoreMore information about Negotiation
What to Do After Getting Into an Accident With a Distracted Driver?
Take the necessary steps to ensure that that the responsible party is held accountable
Distracted driving accidents are rampant. Many people do not understand that driving on the road requires your full attention. There are a host of different scenarios that can qualify distracted driving, from texting or checking emails to doing makeup or drinking coffee. If you are a victim of a distracted driving accident, you must hire a distracted driving accident attorney that can successfully establish that the distracted driver was at fault and that the accident wasn’t caused by another factor beyond the driver’s control.
The Pennsylvania car accident lawyers at Munley Law Personal Injury Attorneys have over six decades of experience in successful compensation of distracted driving accident cases. If you or a loved one has been involved in a car accident with a distracted driver, […]
Read More