Negotiation is a process where two or more parties with different needs and goals discuss an issue to find a mutually acceptable solution. In business, negotiation skills are important in both informal day-to-day interactions and formal transactions such as negotiating conditions of sale, lease, service delivery, and other legal contracts
Benefits of Our Contract Negotiation Services
The many advantages of our contract procurement process include:
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Comprehensive review: Our experts will conduct a thorough review of the document to ensure the proposal encompasses all relevant criteria.
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Review of terms and conditions: We will execute a complete review of all contract terms that involve pricing, conditions, compliance, supplier service obligations and performance metrics of purchasers and suppliers.
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Conflict resolution steps: Conflicts can arise during the performance of even a well-drafted contract. George & George ADR Group will ensure the implementation of appropriate measures to resolve disputes equitably and expeditiously.
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Marketplace comparison: A reliable method for evaluating the fairness of a contract is comparing its terms and conditions with similar agreements in the same vertical market. Dryden Group has the resources, connections and insight to deliver this invaluable service.
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Identifying the meeting point: The most successful negotiations are those where the parties can achieve a meeting of the minds. Our skilled, experienced negotiators have the savvy to identify the most pressing needs of each side and find the means to bring them together.
When do I need a Negotiator?
Anyone can negotiate his or her position, we do this everyday; but most attempts at negotiation often result in arguments. Structured negotiation is a highly advanced skill, and trained negotiators utilize a variety of styles and tools to successfully bargain for an optimal result, while keeping the conversation civil. Examples of when a negotiator is recommended include:
- Entering into business agreements or contract
- Buying, selling, merging, downsizing
- Collective bargaining
- Divorce
Who Negotiates?
Business associates, management and labor, congregations, communities, customer groups, and even families are examples of those who we have worked with to successfully prevent and manage conflict through structured negotiations.
Multi-Party Negotiations
Most negotiations are between two parties, but in the case of multi-party negotiations, which can quickly become complicated, a facilitator may be required to keep discussions focused and balanced.