Wednesday, March 25, 2009

Don't Wait, Mediate

A potential client called me last week, asking for a recommendation for a forensic accountant. She was in the midst of a divorce and was trying to do most of the work herself, including finding an accountant who could analyze the condition of a family business and provide her advice on its valuation. I made some suggestions about how she should go about finding an accountant, for which she thanked me and then said, "If things get ugly, maybe I'll call you to mediate."

Without knowing the specifics of this woman's situation, I can't say whether her approach was the right one for her, but my general advice is: don't wait for the ugliness, mediate now! As I explained to her, the best time to resolve a dispute, especially a marital one, is before the parties have dug in their heels and entrenched their positions. People are much more willing to make compromises before they have made a an emotional investment in their position. In this woman's situation, I think she would be best advised to do her research, get all her ducks in order, know her options, etc. and then, if possible, find a mediated, non-adversarial environment to present them.

Once you've sent an initial demand letter, it's far more difficult to create a settlement environment. Even though most people understand that the demand letter is just an invitation for a counter-offer, it does set the stage and level set your expectations. Maybe those expectations are reasonable, maybe they're not. Whatever the case, initial demands are almost always met with shock. "You can't believe what she's/he's asking for", you've heard a million times from your divorcing friends. A far better approach is to find a way to present your position and expectations in person so that you can explain the rationale behind them. And if a mediator is present, he can act as a facilitator to make sure that your position is presented with a minimum of interruption. A mediator can also monitor the situation to make sure that your counterpart is hearing what you are saying, even he's not agreeing with them. Additionally, a mediator can make certain that you are hearing you're counterpart's position.

In my experience, it is much more difficult to "bring the volume" down once the situation has gotten ugly, as my potential client called it. That's not to say that a mediation on the eve of a trial isn't worthwhile or effective, but my interest is in finding practical approaches to resolve disputes quickly, at the least expense and with the best outcome. And I have found that early mediation is the one of the best ways to achieve these goals.

Wednesday, March 18, 2009

Welcome to the Blog!

In conjunction with our consulting businesses, we are creating a blog in which we hope to post helpful hints in two areas: dispute resolution and outplacement/job search/transition management and planning. We utilize prove problem-solving techniques and a real world approach to these areas and believe that our methodology helps our clients find faster, less expensive and more practical solutions to the issues that they come to us for help with.

We're going to focus here on case studies from our files and practical hints and suggestions that we hope will help readers resolve problems, whether, personal or business, legal or otherwise, and for those who are in job or career transition mode, we hope that our suggestions will be helpful to you as you pursue your job or career search.

Here's today's tip for jobhunters:

Today's employers can be, and in fact are, very selective about who they interview, so when they select the candidates for face-to-face interviews, they have already reviewed many, perhaps even hundreds, of resumes. So, if you are one of the lucky ones to get the call, you should know that you have passed all the major hurdles and that the employer actually WANTS to hire you! It is no longer a situation where, with full employment, employers were choosing from dozens of semi-qualified candidates. Now, they have many highly qualified candidates, and if you have been selected to interview, you know in advance that you are qualified. So now, it's up to you to show your interest in the position, by being prepared for the interview.

Be prepared; know who you're going to be speaking with, what his or her background is and history with the company. Make sure that you're armed with questions about the position and the company and most importantly, make sure that your questions are genuine and not loaded. Don't turn off the interviewer with negativity! Pretend that you're going to Carnegie Hall--practice, practice, practice!

Feel free to contact Stanley Witkow Associates at StanleyWitkow.com for help building a compelling resume, effective networking and interview training.