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We've been blogging about negotiation for five years now. To commemorate our anniversary, here is an excerpt from our first post, which explains our purpose - to help you become a better negotiator:

My first Negotiation Golden Rule is “Information is Power:  So Get It!”  This maxim was taken to a new and untoward level by computer hackers in the Coca-Cola Company’s failed attempt to buy the China Huiyuan Juice Group in 2008.

According to The New York Times:

With the ongoing debt-deal negotiation between President Obama and House Speaker Boehner providing us with an elucidating example of the offer-concession process (check out this handy chart quantifying both sides’ moves via the Washington Post), here are five tips to consider when planning your offer-concession strategy for a negotiation:

On October 27th, All-Star basketball player James Harden was traded from the Oklahoma City Thunder to the Houston Rockets. Harden was one of the core players who led the Thunder to the NBA finals last year. The trade came about after Harden rejected a four-year, $54 million offer from the Thunder, $6 million less than the maximum they could offer. Instead, after the trade, Harden accepted a five-year, $80 million “maximum” contract offered by the Rockets.