Expert practical advice on negotiations from Latz Negotiation founder Marty Latz, who is a bestselling author, adjunct professor of law, and occasional contributor on CBS, CNN, MSNBC and FOX and whose work has appeared in numerous publications.
I distinctly remember our negotiation team getting on my client’s Gulfstream jet and heading to New York City for a 2-hour initial lunch meeting with the private equity group interested in bidding for his Arizona-based tech company.
I have come across some incredibly arrogant know-it-alls in my career, a bunch of whom had the intellectual chops to back it up, but others who were just posers.
I am shocked that music legend Prince died in 2016 without a will. This resulted in legal and administrative expenses of over $85 million out of an estate valued at around $156 million and a massive tax bill.
Near the end of the negotiation, basketball legend Michael Jordan’s mom drops a dealbreaker on Nike executive Sonny Vaccaro when she says we are good “except for one minor provision – Michael gets a percentage of the revenue of each shoe sold.”