Jeffrey Muszynski’s Post

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Attorney/Owner at Lagom Law, LLC | Mediator | Counselor | Problem Solver | Trauma-Informed Civil Practitioner

Tips from a mediator (a new working title) - Tip #5 For the claims professionals and defense attorneys: Spend time learning to think about risk and loss like a plaintiff. Risk for a plaintiff is significantly different and in many ways, depends entirely on that particular person. Risk can be feeling devalued. It can mean ending a chapter in your life without much to show for it. Or it can mean something as simple as paying your bills and getting out from a financial loss. In a smaller-value claim involving people with less resources, I sometimes see claims/defense people think the plaintiff will settle for less because it provides an instant infusion of funds. Sometimes that is true. But often it means the plaintiff is more prone to risk-taking because they have much less to lose and more to gain by taking the risk and taking their chances at trial. It doesn't make the plaintiff foolish or greedy - they simply see the risk of 'losing at trial' as less important than you might.  That doesn't mean the evaluation of the damages and outcomes changes - but it should change your assessment of settlement potential and where in that range you might have to be to make it worth settlement for the plaintiff. Like so many tips - this one comes down to trust and rapport with the plaintiff's attorney. Have honest conversations if you can about what is needed to move the needle towards resolution. Even if there are factors preventing a monetary resolution, finding out early in the process can help resolution later. There is certainly a value to settlement (and moving on) but there is also a value to FEELING valued that can lead to a settlement in a difficult case. #adr #mediation #claims #claimshandling #settlement #plaintiff #riskmanagement  

Alisha Bale

Executive Legal Assistant/Paralegal

10mo

Great post with practical and immediately applicable insights. This post provides valuable and actionable insights that can be implemented right away. The importance of considering the emotional value when making settlement offers, particularly in cases involving large corporations or insurance companies, cannot be overstated. It is crucial to not only focus on the numbers but also remember the human aspect involved. To put it bluntly, people are more than the sum of their body parts and financial accounts.

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Andy Tanick

Employment Defense/HR Attorney at Ogletree Deakins

10mo

I like the new working title. :)

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