Litigation issues involve two principal
and numerous subsidiary uncertainties.
In most civil litigation there are two principal uncertainties:
Both of these issues are usually dependent on the outcome of subsidiary
uncertainties.
Thus, the issue of liability will often depend on:
- the outcome of a factual inquiry undertaken through discovery
- the nature and complexity of the issues to be resolved by the
fact-finder
- the credibility of potential witnesses
- the possibility of an effective counterclaim
- unresolved issues of statutory interpretation
- the instructions to be given by the judge to the jury
The size of the judgment may be influenced by many of the same issues. The value
of the judgment from the plaintiff's perspective and its cost to the
defendant will also be affected by:
- the defendant's financial capacity
- whether the defendant will appeal
- the decision on appeal and, possibly, on remand
- the amount of time that will elapse before payment of the judgment
- the future costs of litigation, including legal fees and internal
costs
TreeAge Pro can be used to evaluate litigation at the very outset
of the case. TreeAge Pro provides the necessary structure for analyzing
the principal uncertainties - liability and damages - in a model
built upon the underlying issues. Indeed, once counsel has done
the legal and factual analysis needed to file a complaint or answer
in a given case, it is feasible to use TreeAge Pro to develop an
insightful course of action.
TreeAge Pro can be enormously helpful in allocating resources before
trial. Discovery and research, though capable of reducing uncertainties,
can be costly. TreeAge Pro helps the lawyer assess the impact on
case value of reducing these uncertainties. Sometimes, however,
even an increase in value does not necessarily result in a net benefit
to the litigant, because the cost of reducing uncertainty can turn
out to be greater than the resulting value enhancement. In such
cases, TreeAge Pro effectively demonstrates the cost-effectiveness
of foregoing the additional research or discovery, thereby saving
the client time and money.
Learn
more about how TreeAge Pro can help your organization evaluate litigation
risks. >