Uploaded by lawmed1 on Jul 19, 2011
http://www.oginski-law.com
Many people have heard the term 'mediation' but don't exactly know what it means. In this video, I'm going to show you exactly what it means. It's another way of saying 'negotiation'. Most mediations are non-binding. That means if you don't agree with how the settlement negotiations are going, you are not obligated to settle your case.
Mediation is an attempt to sit down with an impartial person, usually a judge or a retired judge and try and settle your case prior to trial. The mediator is someone that both parties involved in the lawsuit have agreed upon as being trustworthy and fair.
The mediator listens to the attorneys for both sides and then will meet with each attorney individually to gauge their strengths and weaknesses. A sharp mediator will attempt to play off weaknesses of one party into concessions and compromises. Realities of going to trial are often exposed as well as the risks of going to trial.
Pressure is brought to bear on both parties to try and reach a mutually agreeable settlement. Clients are often present during the initial presentations by the attorneys and then the individual negotiations usually occur with just the attorneys.
If a settlement offer is made, the attorneys are obligated to advise their clients of the offer and bring back an answer along with a possible counter-offer if the original offer is rejected. This back and forth negotiation occurs during the hours spent with the mediator. A mediation can take anywhere from a half hour to an entire day depending on the complexity of the case and the number of people involved.
To learn about how medical malpractice & accident cases work in the State of New York, I encourage you to explore my educational website http://www.oginski-law.com. If you have legal questions, pick up the phone and call me at 516-487-8207 or by e-mail at lawmed10@yahoo.com. I welcome your call.
Thanks for watching.
Gerry
The Law Office of Gerald Oginski, LLC
25 Great Neck Rd., Suite 4
Great Neck NY 11021
516-487-8207
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