Episode Summary:
In this episode of The Millennial Lawyer Podcast, host Kevin Rosenquist and personal injury attorney Mark Shirian discuss the crucial factors clients should consider when deciding between litigation and settlement. They explore the psychological impacts of trials, managing client expectations, and effective negotiation strategies.
Key Timestamps:
00:00 - Introduction
00:19 - Key factors in litigation vs. settlement decisions
01:14 - Discussion on clients' "day in court" expectations
02:37 - Assessing case strength
03:41 - Time and cost considerations
04:25 - Managing client expectations about case value
06:00 - Psychological effects of litigation on clients
07:37 - Common misconceptions about litigation
09:19 - Non-monetary aspects of settlements
10:26 - Benefits and drawbacks analysis
11:44 - Settlement negotiation strategies
13:32 - Client-attorney communication importance
About The Show:
The Millennial Lawyer Podcast features personal injury attorney Mark Shirian discussing contemporary legal topics and sharing insights from his practice. The show aims to educate listeners about various aspects of legal proceedings and provide practical advice for both clients and legal professionals.
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