What does each side have to gain or lose? In other words, what are the stakes?

The stakes for each side in any situation can vary greatly depending on the specific circumstances. However, in general, the stakes for each side typically involve what they have to gain or lose in terms of their interests, goals, and resources.

For example, in a negotiation between a company and a labor union, the company may have a lot to lose in terms of profit, reputation, and productivity if they don't reach an agreement with the union. On the other hand, the union may have a lot to gain in terms of better wages, working conditions, and job security for their members.

Similarly, in a legal dispute between two parties, each side may have a lot at stake in terms of the potential financial costs, reputational damage, and legal consequences of the outcome of the case.

Ultimately, the stakes for each side in any situation are typically tied to their individual interests, goals, and values, and can vary widely depending on the specific circumstances and context of the situation.