An agreed statement of facts can range anywhere from a single sentence to a few paragraphs to multiple pages. All non-contentious information can be dealt with, eliminating the need to call unnecessary witnesses and avoiding a need to introduce tons of documents.
Trial Judges love agreed statements of fact because they are only interested in the controversial facts, which tend to be more interesting and are the facts to which the trial Judges needs to apply their judgment.
Negotiating the agreed facts is as simple as drawing one up and bouncing it back and forth with opposing counsel until as much common ground is covered as possible.
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