IAM Blog

Cognitive Barriers to Success in Mediation: Irrational Attachments to Positions and Other Errors of Perception that Impact Settlement Decisions

Cognitive Barriers to Success in Mediation: Irrational Attachments to Positions and Other Errors of Perception that Impact Settlement Decisions

When preparing for mediation, most parties establish benchmarks for settlement. After assessing the likely risks and costs of litigation, most parties identify settlement ranges and many establish tentative “bottom lines.” Often these assessments are unconsciously influenced by limitations in our five senses and the way we process information, collectively called “cognitive barriers.”