“Parties should consider settlement opt

“Parties should consider settlement options at an early stage including whether some form of Alternative Dispute Resolution such as negotiation or mediation may be appropriate. One important issue to consider is which representatives from each party would need to be around the table to make such a process effective. When assessing settlement options a cost-benefit analysis should be undertaken at an early stage taking into account considerations such as the relationship cost, financial impact, delay, and potential reputational risk of pursuing the matter to a final judgment or award.” http://ow.ly/TI95o