1101 Market Street, 11th Floor Philadelphia, PA 19107
Phone: 215-238-6300 Fax: 215-238-1267 www.philadelphiabar.org
FOR IMMEDIATE RELEASE
Contact: Daniel A. Cirucci
Phone: (215) 238-6340
Prof. Robert H. Mnookin will give the morning keynote address at the conference on negotiation issues, based on his award-winning book, Beyond-Winning: Negotiating to Create Value in Deals and Disputes. Mnookin is the Samuel Williston Professor of Law at Harvard Law School, the Chair of the Steering Committee of the Program on Negotiation at Harvard Law School, and the Director of the Harvard Negotiation Research Project. A leading scholar in the field of conflict resolution and family law, Professor Mnookin has applied his interdisciplinary approach to negotiation and conflict resolution to a wide range of family-related issues.
Topics to be addressed and presenters include:
Disputes arising in family setting can be extraordinarily difficult to resolve and costly for the participants. Whether the dispute arises from intergenerational wealth transfers, family business succession, divorce, or child-related issues, substantial amounts of money are often at stake along with issues of family stability and safety. It has been estimated that family-owned business account for 49 percent of the gross domestic product of the United States, 59 percent of all jobs, and 79 percent of all new jobs. More than half of these businesses will experience a change of control in the next ten years, and yet more than half of the CEO's of these companies have no succession plan. In addition, mediators frequently report that inheritance disputes and high-conflict divorce cases - even when they do not include complex family business issues - are among the most difficult to resolve.
A multi-disciplinary approach is often essential for resolving family decisions. The "All in the Family" conference is designed to bring together representatives of multiple professions, including accountants, psychologists, lawyers, mediators and arbitrators to focus on the use of dispute resolution in producing positive family decision making.
For additional information concerning the conference, contact Jannice Hodge-Bannerman at (202) 662-1687.