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Aspiring Lawyers - Applications & General Advice
Applications Discussion
Definitive Guide to Assessed Negotiations! *Monday Article Series*
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<blockquote data-quote="TCLA Community Assistant" data-source="post: 52465" data-attributes="member: 2672"><p>You don't have to always have to take such a linear approach.</p><p></p><p>Questions to ask yourself:</p><p></p><p>- why are you starting at £2m - if this is purely to negotiate down, is 33% more as a starting point appropriate? Why not start at 10% or 100% more? You have to really know what your position is (and the obfed party’s) to understand of your starting point is going to be appropriate. </p><p></p><p>- is there a more creative way to negotiate? Is price the only variable here? What else could be factors you’d could compromise on to make the deal more attractive.</p><p></p><p>- Negotiation points are often linked. If you are aiming for a higher price what are you going to have to compromise on elsewhere?</p></blockquote><p></p>
[QUOTE="TCLA Community Assistant, post: 52465, member: 2672"] You don't have to always have to take such a linear approach. Questions to ask yourself: - why are you starting at £2m - if this is purely to negotiate down, is 33% more as a starting point appropriate? Why not start at 10% or 100% more? You have to really know what your position is (and the obfed party’s) to understand of your starting point is going to be appropriate. - is there a more creative way to negotiate? Is price the only variable here? What else could be factors you’d could compromise on to make the deal more attractive. - Negotiation points are often linked. If you are aiming for a higher price what are you going to have to compromise on elsewhere? [/QUOTE]
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Aspiring Lawyers - Applications & General Advice
Applications Discussion
Definitive Guide to Assessed Negotiations! *Monday Article Series*
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