Ganar Ganar Ganar Perder

Cost and Value Perception in Legal Negotiations

Initial Reactions to Fees

• The speaker expresses disbelief at a proposed fee of 40% of the total received, feeling it is excessive given their situation.

• They highlight the emotional impact of this fee, indicating a sense of betrayal as they feel they are already suffering from an injury while someone else profits.

Understanding Risk and Costs

• The speaker acknowledges that the other party covers costs, suggesting a shared risk in the negotiation process.

• A moment of levity occurs with a discussion about coffee, indicating an attempt to maintain a cordial atmosphere despite serious discussions.

The Stakes Involved

• The conversation shifts to the gravity of the situation, mentioning $20 million as an amount that may not be fully appreciated by those involved.

• There is frustration expressed over delays leading to over 400 claimants being involved, emphasizing the complexity and scale of the case.

Valuing Lives and Experiences

• The speaker argues that $20 million is trivial when divided among many claimants who have significant life challenges.

• Personal stories are referenced (e.g., Rosa's hysterectomy and Stan Bloom's deteriorating spine), illustrating how these financial negotiations affect real lives and futures.