99 Negotiating Strategies: Tips, Tactics & Techniques Used by Wall Street's Toughest Dealmakers by David Rosen

99 Negotiating Strategies: Tips, Tactics & Techniques Used by Wall Street's Toughest Dealmakers by David Rosen

Author:David Rosen
Language: eng
Format: epub
Publisher: Ross and Rubin Publishers LLC
Published: 2016-10-03T21:00:00+00:00


CHAPTER 48

Use Occasional Humor or Lighthearted

Examples

S ome degree of humor is always appropriate in negotiations, depending.

Use your best judgment as to when an injection of laughter or light

humor will achieve your objectives. I generally do not encourage humor, or

much of it, because it detracts from the gravity of your negotiating position

and team.

____

CHAPTER 49

Push Your Own Actual Experience

H ave as many examples from prior specific experiences as possible to

support your positions. Prior outcomes in negotiations, like legal

precedent in a courtroom, carry great weight.

You should bring appropriate documentation from prior deals (redacted

as necessary to protect confidential terms) as well as prior court rulings in

which you were involved. Leave to lawyers actual discussion of legal

principles, but you may certainly discuss your own experience in lawsuits if it

benefits you. Precedent carries significant weight in negotiations, because

past results are often a reliable predictor of future outcomes. History repeats

itself.

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