The central concept involves actions and strategies litigants undertake to maximize the financial compensation received in a legal dispute resolved outside of a courtroom. An example includes meticulously documenting all losses incurred as a result of the incident giving rise to the legal claim.
Significantly, achieving a favorable result through negotiation is often more efficient and less costly than proceeding to trial. Historically, skilled negotiators have understood the importance of presenting a compelling case and demonstrating a willingness to litigate should settlement discussions fail. This approach often results in a more advantageous agreement.
