A recent article in The New York Times suggests that ‘with the recession continuing in full force,” you should “(c)losely analyze every contract you have and look for places where you think you can get a cost reduction. Then ask for better terms.”
The article emphasizes adequately preparing for such negotiations and makes several suggestions, including knowing what you want (setting aggressive goals), anticipating compromise (leaving sufficient room to move) and treating your counterpart “like a partner” (taking a problem-solving approach to the negotiation).
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