Settling a Lawsuit Coursework Example | Topics and Well Written Essays - 250 words

Settling a Lawsuit - Coursework Example The perception will give me significant power to influence the negotiation process (Carrell & Heavrin, 2008). However, it will be unethical for me to give false information and withhold technical information from the 30 people who have no legal background (Olekalns & Adair, 2013). Nevertheless, withholding such information from their representative would be ethical since the representative can anticipate this move. I would determine whether the negotiation depicts substantive fairness by analyzing the equitable distribution of value during the negotiations (Carrell & Heavrin, 2008). The negotiation should result in a fair arrangement to distribute the amount of money to be distributed to all parties. Moreover, the negotiation process should derive mutual settlement that includes the concessions and interests of all parties. All negotiation parties should cooperate in reaching a middle settlement that depicts concessions of the negotiating parties (Olekalns & Adair, 2013). I would determine whether the negotiation depicts substantive fairness by analyzing whether the negotiation outcome is a win-win situation for all negotiation parties. Ideally, the negotiation would achieve substantive fairness if it results to impartial, proportional, and reciprocating negotiation