We combine human nature with innovative technology to diagnose, evaluate, and resolve disputes faster and more economically than traditional mediation. Our methods have been developed in collaboration with the nation's leading law firms and insurance carriers, and have been proven to close the vast majority of the cases to which they are applied.
At a fraction of the cost of traditional mediation, 1 Hour Mediation efficiently resolves disputes by safely shows litigants how close they truly are to a settlement number.
HOW IT WORKS:
When you ask us to help resolve a dispute, First Court will:
1) Invite your opponent to negotiate, and offer to help establish a human connection by bringing both parties into a quick 5 minute Virtual Coffee call.
2) Next, schedule a Settlement Testing session. The parties come together for 18 minutes of intense negotiation in our patent pending online, double-blind negotiating platform.
Rather than showing the other side your numbers, our proprietary algorithms compare the numbers from each side, and indicate the size of the remaining gap as a temperature on a thermometer. The warmer the temperature, the closer you are to settlement.
3) Once your 18 minutes of testing are complete, we use the remainder of the hour to host a conference call with the negotiators from both sides, facilitated by a First Court neutral. This call can be used to either help negotiate the remaining gap, or to agree on a plan for solving the issues that are preventing a resolution.
(Step by step instructions are available on our Knowledge page)
WHY IT WORKS:
Both sides gain a critical understanding of how large or small their disagreement is, without compromising their negotiating position by putting a number on the table that the other side can use as leverage.
For one flat fee, you can close your file before the trial costs really escalate. Even if there is an impasse, you gain the peace of mind that you are not wasting tens of thousands of dollars preparing for a trial that isn't going to happen.
Settlement Testing sessions have a hard countdown of 18 minutes. This ensures that both negotiators cut through the posturing and rapidly test their most conciliatory number, without wasting a minute of valuable time.
Many plaintiff attorneys have never spoken to the file handler on their case. This lack of human contact is a barrier to effective negotiations, and our Virtual Coffee call helps to break it down. First Court finds a time that works for both sides, then schedules a a five minute phone call for you to introduce yourself and get to know a little about each other.
Choose a side, and start negotiating!
In this scenario, your goal is to settle for $1 million. So if you negotiate as a Plaintiff, start at $2 million, and work your way down. If you negotiate as a Defendant, start a $200,000 and work your way up. You will be very cold at the beginning, but try testing lots of numbers, and watch how the thermometer gets warmer when you and your opponent both have a new number in the system. To start over, simply refresh your page.
What happens when you enter a number?
The thermometer simultaneously shows both sides a temperature reading indicating whether the gap between their numbers is large or small, whether your settlement prospects are cold, or warm. These visual comparisons safely build confidence in your settlement prospects. . . without revealing a single one of your numbers to the other side. You don’t get to see the other side’s number. But you do see how each of YOUR numbers compared to a number from the other side.
It's difficult for negotiators to evaluate their case objectively. We recognize the challenge, but want to recognize - and reward - the very best, most objective negotiators. What is the one objective measure of the “true” value of a case? The final award or settlement amount! Therefore, when a case is resolved we compare each negotiator’s demands/offers to the final settlement number, and calculate a rating for how well they evaluated the case.
Wouldn’t you like to know this kind of objective information... before you commit to negotiating with someone? We thought you would! Old fashioned, bombastic negotiators can stick with traditional mediation, and spend all day in a stuffy room trading unrealistic numbers. We would rather work with candid professionals who can objectively value their cases... and let them reap the benefits!
HOW is my rating calculated?
Every 1 Hour Mediation starts with Settlement Testing, where First Court algorithms confidentially compare demands and offers. We keep track of the last, most conciliatory number that you test... then compare that number to the final settlement number when the case is actually resolved.
We calculate these numbers as a percent (e.g. if you are Plaintiff whose last testing demand was $100,000, and case goes on to settle for $90,000, your Walkaway Rating would be 90000/100000, or 90%). Your rating is completely objective, and your rating is really up to you...we just do the math.
HOW IS THE WALKAWAY RATING USED?
Your rating is personal. It’s not about your firm or your company, it’s about how earnestly you personally negotiate. A high rating proves that you know how to evaluate a case, and reflects your history of candid negotiations with First Court.
Your rating is only disclosed when you ask us to schedule a mediation. We will share your rating with the other side when we invite them to close a case in 1 Hour Mediation. This creates a wonderful opportunity for straightforward, effective negotiators to quickly and efficiently close their files.
Ready to get started? Submit a case for 1 Hour Mediation to earn your first Walkaway Rating!
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