Sneaky Settlement Tactics: "What's Your Bottom Line Number?" NY Malpractice Attorney Explains
Sneaky Settlement Tactics: "What's Your Bottom Line Number?"
NY Medical Malpractice Attorney Gerry Oginski Explains
http://www.oginski-law.com/library/bad-negotiating-tactic-during-mediation-why-i-will-never-use-this-mediator-again.cfm
516-487-8207
Email: Gerry@Oginski-Law.com
You would think that when you tell a defense lawyer what your bottom line number is to settle a lawsuit, that means that's the minimum amount you will take in order to settle the case.
It's amazing however that defense attorneys and their insurance companies fail to recognize that attorneys mean what they say and say what they mean.
You would think that if you tell your adversary that your bottom-line number is $1 million and not a penny less that they wouldn't come back to you with an offer of $950,000.
You would think that if your bottom-line number to settle your medical malpractice case was $1 million, that they wouldn't come back with an offer of $997,500.
You'd be surprised at how often this occurs.
It's almost like walking into the pawn shop to sell an item and the pawn dealer asks you what your bottom line number that you will accept. No matter what you tell him, he will likely offer you less than the number you just disclosed to him.
There are some lawsuits where the defense would like to settle the case, but for whatever reason, don't want to pay your bottom line number.
In some cases, they are willing to accept the fact that they will have to pay very close to that amount yet have a problem paying the full amount you're asking for.
Let's go back to the example above where we tell the defense that your bottom line settlement number is $1 million dollars. There are many instances where a defense attorney will come back with an offer of $950,000, if they are inclined to settle. This is a sneaky settlement technique designed to put great pressure on you, the injured client.
Not only am I obligated to discuss the defense's settlement offer with you, but I must also explain to you the risks of accepting and not accepting such a substantial offer.
Many times if the judge is involved with the negotiations he may put pressure on both sides, arguing that it is ridiculous to try this case which will last two or three weeks over a difference of $50,000 or $25,000 or even $10,000.
In some instances, that argument would be accurate.
Watch the video to learn more...
Here's a cardiac malpractice case where I was able to achieve a $6 million dollar settlement for my client: http://www.oginski-law.com/video/cardiac-malpractice-in-ny.cfm
Here's a foot surgery case where a Westchester, NY jury awarded my client $1.55 million dollars for her pain and suffering: http://ow.ly/azKg6
To learn more about how medical malpractice cases work in the state of New York, I encourage you to explore my educational website, http://www.oginski-law.com/library/bad-negotiating-tactic-during-mediation-why-i-will-never-use-this-mediator-again.cfm.
If you have legal questions, I invite you to pick up the phone and call me at 516-487-8207 or by email at Gerry@Oginski-Law.com. This is what I do every day and I'd be happy to chat with you.
Law Office of Gerald Oginski
25 Great Neck Road, Ste. 4
Great Neck, NY 11021
516-487-8207
Email: Gerry@Oginski-Law.com
Видео Sneaky Settlement Tactics: "What's Your Bottom Line Number?" NY Malpractice Attorney Explains канала Gerry Oginski
NY Medical Malpractice Attorney Gerry Oginski Explains
http://www.oginski-law.com/library/bad-negotiating-tactic-during-mediation-why-i-will-never-use-this-mediator-again.cfm
516-487-8207
Email: Gerry@Oginski-Law.com
You would think that when you tell a defense lawyer what your bottom line number is to settle a lawsuit, that means that's the minimum amount you will take in order to settle the case.
It's amazing however that defense attorneys and their insurance companies fail to recognize that attorneys mean what they say and say what they mean.
You would think that if you tell your adversary that your bottom-line number is $1 million and not a penny less that they wouldn't come back to you with an offer of $950,000.
You would think that if your bottom-line number to settle your medical malpractice case was $1 million, that they wouldn't come back with an offer of $997,500.
You'd be surprised at how often this occurs.
It's almost like walking into the pawn shop to sell an item and the pawn dealer asks you what your bottom line number that you will accept. No matter what you tell him, he will likely offer you less than the number you just disclosed to him.
There are some lawsuits where the defense would like to settle the case, but for whatever reason, don't want to pay your bottom line number.
In some cases, they are willing to accept the fact that they will have to pay very close to that amount yet have a problem paying the full amount you're asking for.
Let's go back to the example above where we tell the defense that your bottom line settlement number is $1 million dollars. There are many instances where a defense attorney will come back with an offer of $950,000, if they are inclined to settle. This is a sneaky settlement technique designed to put great pressure on you, the injured client.
Not only am I obligated to discuss the defense's settlement offer with you, but I must also explain to you the risks of accepting and not accepting such a substantial offer.
Many times if the judge is involved with the negotiations he may put pressure on both sides, arguing that it is ridiculous to try this case which will last two or three weeks over a difference of $50,000 or $25,000 or even $10,000.
In some instances, that argument would be accurate.
Watch the video to learn more...
Here's a cardiac malpractice case where I was able to achieve a $6 million dollar settlement for my client: http://www.oginski-law.com/video/cardiac-malpractice-in-ny.cfm
Here's a foot surgery case where a Westchester, NY jury awarded my client $1.55 million dollars for her pain and suffering: http://ow.ly/azKg6
To learn more about how medical malpractice cases work in the state of New York, I encourage you to explore my educational website, http://www.oginski-law.com/library/bad-negotiating-tactic-during-mediation-why-i-will-never-use-this-mediator-again.cfm.
If you have legal questions, I invite you to pick up the phone and call me at 516-487-8207 or by email at Gerry@Oginski-Law.com. This is what I do every day and I'd be happy to chat with you.
Law Office of Gerald Oginski
25 Great Neck Road, Ste. 4
Great Neck, NY 11021
516-487-8207
Email: Gerry@Oginski-Law.com
Видео Sneaky Settlement Tactics: "What's Your Bottom Line Number?" NY Malpractice Attorney Explains канала Gerry Oginski
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