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Yes. When you create a new matter in Backchannel, you will be able to invite your counterparty. Your counterparty will then be able to quickly and easily create an account and join the matter.

Backchannel costs $249 per session per party ($498 total). Each session lasts up to 30 days.

Backchannel uses three steps to help the parties make a deal. Step 1 has the parties address the non-monetary terms of a deal. This step can be skipped. Step 2 allows the parties to make a secret offer or demand. Backchannel will check for a deal. If there is no deal, Step 3 allows the parties to change their numbers. Backchannel will check for a match each time a party changes its number. Step 3 will last up to 28 days.

If the parties’ Bids are the same number, Backchannel will notify the parties that a deal has been reached. The matching number becomes the dealmaking number.

If there is an overlap, then Backchannel will select a random number within the overlap range. After rounding to the nearest dollar, the number will become the dealmaking number, in the same way as though both parties offered and demanded that amount.

Backchannel uses a random number (with rounding) to further mask each party’s actual bottom or top lines. If a “meet-in-the-middle” number was used, parties could tell exactly where the other party stood and possibly take advantage of this information. With a random number, parties will only be able to tell that a match was made at the final number.

Backchannel will move onto Step 3, where both parties can change their offers and demands for a period of up to 28 days or request a Smart Proposal.

Step 3 lasts up to 28 days. If no match is made during that time, the Backchannel session ends. To start again, the parties will need to start a fresh Backchannel session.

Backchannel uses automatic deletion protocols and is built with bank-level security. It is also independently tested by a cybersecurity firm to ensure your information remains safe.

Beyond Backchannel’s bank-level security protocols, Backchannel automatically removes and deletes settlement numbers that have not resulted in a match or overlap. The deletion occurs 30 days after a matter closes. Final deal numbers that result from a match or overlap are not deleted because those are conveyed to both parties.

As a condition of using Backchannel, for each matter, each party to a dispute must electronically sign an agreement similar to those used in traditional mediation. In doing so, the parties agree that the settlement offers are confidential and that neither party will seek discovery relating to the Backchannel process. Moreover, non-matching settlement numbers are automatically deleted after 30 days of a matter closing.

No.