A clear mix of formal and informal conversation can be an ice breaker in contract negotiations. Many times, differences between parties can arise due to misunderstandings, overreading the other side's intentions, certain presumptions, and concerns. The key to resolving misunderstandings is to attack the root of it. No matter how legally trained a person is, some interpersonal elements are quite essential in high-stakes contract negotiations.

The real problem here is that one party loses face when they realise they were wrong on the point. When you see this unfold, immediately adopt the error as your own (even if it isn't). Apologise and ask permission to give more context. That looks like, "Oh sorry! I didn't articulate that very well. Is it OK if I give a bit more context? I think we might be on the same page here, but I just need to clarify if I've understood things correctly." ... The next step is to use a combination of explaining and cap in hand questions to guide the person to your line of thought. For example: "I thought because XYZ it meant ABC. Am I off track?" The key is to ventilate the issues while preserving the person's ego and avoiding loss of face.

I believe that having a proper, clear conversation without hiding any facts or details is the best way to form a contract. Contract should be synonymous with trust. People build trust with one another, so having a frank conversation with the other party in a contract makes things clearer and more effective for both parties.

To resolve misunderstandings during contract discussions with stakeholders, start by actively listening to all parties involved. Encourage open communication and create a safe space for everyone to express their concerns or confusion. Clarify points of contention by restating the issues and confirming understanding. Use simple, clear language to explain complex clauses or terms that might be causing confusion. If necessary, break down the discussion into smaller, manageable parts to focus on one issue at a time. Summarize agreements and action items regularly to ensure everyone is on the same page.

To resolve misunderstandings during contract discussions with stakeholders, start by fostering open, respectful communication. Encourage each party to clearly articulate their concerns and interpretations, ensuring everyone feels heard. Address specific points of confusion by restating key terms or clauses in simpler language, and seek confirmation that all parties share the same understanding. If necessary, provide additional context or data to clarify the intent behind the terms. Document agreed clarifications in writing to prevent future misinterpretations. By promoting transparency, active listening, and clear communication, you can resolve misunderstandings and keep discussions on track.