Happy to report that we successfully concluded an eleven hour mediation for our clients at one hour to midnight. As difficult as this process is, it oftentimes is a better and more certain result than a trial. Click here for more information on mediation.
One of the new laws for homeowner associations in North Carolina is a law “encouraging” parties with a dispute with their HOA to try and resolve the dispute before filing a lawsuit. The statute provides for a voluntary prelitigation mediation that is similar to a mediation required in every North Carolina Superior Court case. […]
The vast majority of legal cases settle before going to trial. Traditionally, in a civil lawsuit, the lawyers for each side would exchange settlement offers and counter-offers informally at various times throughout the lawsuit. Their clients, the actual parties paying or receiving the money, were usually only involved secondhand. In addition, the lawyers were oftentimes […]
This article is the preview of a study that reports that the Plaintiffs bringing a lawsuit are far more likely to be wrong in turning down a settlement and proceeding to trial than Defendants. Plaintiffs were "wrong" in 61% of the cases that went to trial. "Wrong" meaning that the Plaintiff would have gotten more […]
Here is an interesting article in Scientific American called Why Things Cost $19.95 that investigates whether or not the common merchant tactic of listing a price as $19.95 rather than $20.00 is really effective. Marketing professors from the University of Florida studied how consumers relate a ticketed price to the perceived wholesale "cost" of a […]