Months?or years?of tense and adversarial legal maneuvering have ended with an agreement to settle a high-stakes IP dispute. The wariness and pressure dissipate as the two parties reach agreement and shake hands. All that’s left for the lawyers to do is craft the settlement proposal.
But watch out?this isn’t the time for lawyers to kick back with a drink. Too often a poorly drafted mediation settlement agreement results in the parties wasting lots of time and money litigating enforcement of the settlement?a result they certainly never intended. Or, in other circumstances, the two sides can wind up with an agreement that a court says is totally unenforceable.
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