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10 Keys to Negotiating Contract Terms (Part Three)

10 Keys to Negotiating Contract Terms (Part Three)

The major deal points for the sale of my client’s company were set. But we still needed to negotiate terms and conditions (Ts and Cs). And both sides needed it done quickly. As a result, my client insisted that we send a draft “final” contract, with very little room...
10 Keys to Negotiating Contract Terms (Part Two)

10 Keys to Negotiating Contract Terms (Part Two)

Years ago, a potential client asked me to help him negotiate and sell some commercial real estate in Phoenix. After he agreed to my fee, I sent him my standard two-page consulting contract to review and sign. Several days later, he suggested we just do this on a...
10 Keys to Negotiating Contract Terms (Part One)

10 Keys to Negotiating Contract Terms (Part One)

The bread and butter of a corporate/transactional lawyer’s professional life involves negotiating contract terms and conditions (“Ts & Cs”). They spend hours every day drafting, analyzing, comparing, discussing, evaluating and then negotiating Ts & Cs....
Honesty and Integrity in Negotiations

Honesty and Integrity in Negotiations

I recently came across an article about my grandfather Rubin Latz’s death on the front page of the Minneapolis Morning Tribune on December 25, 1948. A long-time Minnesota labor leader and close friend of former U.S. Vice President Hubert H. Humphrey, I’m told he was...
Learning from Sales Professionals

Learning from Sales Professionals

He had been in the pool deck and resurfacing industry for about 40 years – and he was a talker. He was also the fourth sales professional I met that day. But I was all ears. Why? Because my wife and I weren’t yet firm on what we wanted for our pool decking and patio....
Counterproductive Negotiation Pressure Tactics

Counterproductive Negotiation Pressure Tactics

I recently contacted a landscape designer to get a bid on our backyard and he came out to explore our thoughts. After checking everything out, he said he would put together his suggestions. He called a few days later and asked me to come to his nursery so he could...
Dealing with Distractions

Dealing with Distractions

How long has it been since you were speaking with a colleague and they glanced at their phone to check a text, notification or email? I bet this has already happened to you multiple times today. Or maybe it was your phone that buzzed while you were drafting an email. ...
The Value of a Negotiation Apology

The Value of a Negotiation Apology

No one is perfect. And everyone makes mistakes. Sometimes these mistakes are minor, but other times we really mess up. It’s human. Of course, companies mess up, too. So, what can we do, especially if you and/or your company need to repair the relationship and rebuild...
Memory Improvement and Negotiation Skills

Memory Improvement and Negotiation Skills

I have an average memory. But I’m always looking to improve. So when my son suggested I read Joshua Foer’s New York Times bestseller “Moonwalking with Einstein: The Art and Science of Remembering Everything,” I was intrigued. It was a fascinating book, largely because...