Every Year, manngement and labor renegotate a new employment contract by sending their proposals to an arbitrator, who chooses the best proposal (eltectively giving one sade or the other $5 milion): Each side can choose to hire, or not hire, an expensivelabor lawyer (at a cost of $200,000) who is effective st preparing the proposal in the best light. If neather hares a lawrer or if both hire tawyers, each side can expect to win about half the time. If only one siden hures a Lawyer, it can expenct to win nine tenths, or 0.9, of the teme. a lawret, and tor taber the