Negotiation

What is Negotiation

JUPITICE provides the confidential and voluntary process to the disputing parties where Negotiator and Neutral third person can facilitate the disputing parties to resolve their disputes or conflicts, In Negotiation; both the parties are in control of both the process and the outcome.

JUPITICE’S self-administered processes through its Online Negotiation Platform allow parties to conduct negotiation without the help of any professional negotiator. However, given the varying nature of complex commercial disputes, there may be some situations in which limited professional services may be needed for a given type of case or case load.

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Perform all Stages of Negotiation Online on Single Platform

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    Negotiation Stages

How Jupitice Platform Can Help

Preparation

Preparation starts with determining if this is a potential collaborative situation so that parties can select the better strategy. Next, parties spend time researching information, analyzing data and leverage, and identifying interests and positions. Finally, they have to consider the relationship they want to build.

How Jupitice Platform Can Help

Information Exchange

The Information Exchange Stage occurs when one party begin to engage the other side, share information and explore options that address interests – what each party need, as opposed to positions – what each party ask for later in the Bargaining Stage.

How Jupitice Platform Can Help

Clarifying Goals & Bargain

It is helpful to list these factors in order of priority. Through this clarification it is often possible to identify or establish some common ground. Clarification is an essential part of the negotiation process, without it misunderstandings are likely to occur which may cause problems and barriers to reaching a beneficial outcome.

How Jupitice Platform Can Help

Conclude & Settlement Agreement

In this process when parties reach an agreement. It is important to find out if the other side has the capacity to follow through with the things they said they would do. This is the time to put down in writing the common interests and produce a comprehensive summary of the agreement. Sometimes parties have to consider strategies here to lock-in a commitment.

How Jupitice Platform Can Help

Execution & Online Payment

This stage is the implementation of the agreement. This stage may also be viewed as preparation for the next negotiation opportunity. Parties must ensure that they follow through on promises made in order to strengthen the relationship and to build trust. Parties will learn more in this stage about the other side. This will lead to easier negotiations next time around.