- Each party pre-loads up to three rounds of offers. You retain total control over the negotiating limits.
- Cybersettle privately compares each round of offers via a “double-blind” bidding process where neither party sees the opposing offers.
- Where the opposing offers in the same round match or overlap, you reach an instant binding settlement.
- Only the final settlement amount is ever revealed. The parties then contact each other directly to process the settlement terms.
Your online negotiator
Online Dispute Resolution (ODR) is modernising, and significantly improving, traditional methods of dispute resolution. That’s why we’ve partnered with leading ODR provider Cybersettle to bring their patented e-negotiation technology to the UK. Cybersettle is a confidential and unbiased online platform, which offers a quicker and inexpensive alternative to paper and face-to-face negotiation.
Cybersettle is applicable to all liability claim types and has a track record of success in the US where it has processed an estimated $2bn in settlements.
Your online negotiator empowers you to use your panel lawyers less. Our tools enable you to do what you need to do better, smarter and faster in order to save you time and money, whilst delivering better outcomes. Of course, we’re always here if you need us.
With Cybersettle, you’ve got nothing to lose and everything to gain. We’re offering you the future of claims settlement.
Your online negotiator:
- Saves costs compared to traditional negotiation methods
- Increases settlement rates and reduces life cycles
- Quick, easy-to-use, and accessible from anywhere
- Empowers you to use lawyers less.
How Cybersettle works
Awards and recognition
Legal Technology Team of the Year
Legal Business Awards 2016