Negotiation Skills · glossary

Open letter

A letter not marked “without prejudice”, so either side may show it to a court. The side letter on the credits is one. The letter itself is the settlement, so nobody argues later about what the talks settled. Side Letter, heading · Chapter 10 · see Side letter, Without prejudice

Explained in Chapter 10, Heads of Terms: Client Authority and Closing the Deal, of Negotiation Skills.

How it comes up, in Chapter 10
That deal needed a paper of its own. A side letter is a short letter, beside the main deal, that settles one point. This one is an open letter: it is not marked “without prejudice”, so either side may show it to a court.
Read Chapter 10, Heads of Terms: Client Authority and Closing the Deal →

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Related terms

Where this term lives

This term is part of one fictional contract renewal, from the first letter to heads of terms, with every document attached and a test after every chapter. Open Negotiation Skills → · All terms A–Z →