Value Your Legal Case with TreeAge Pro
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Attorneys Model Civil Cases in TreeAge Pro to Guide Legal Strategy and Assess Litigation Risk
Lawyers assess their cases with the following steps…
- Identify the key legal issues in the case.
- Add issues to the model in the order they will be decided in court.
- Estimate the probability of each issue being decided in your favor.
- Estimate the financial consequences of each legal pathway.
- Use built-in analysis tools to calculate the value of the case under uncertain conditions.
- Assess the overall consequences and likelihood of good and bad case outcomes to assess risk.
Build & Analyze a Legal Model
Legal Modeling Overview
Model Your Case
Create a decision tree to model decisions and uncertainties in your case.
Visually map out key issues as they would be heard in court.
Review the model with clients to help them understand potential outcomes.
Examine the Case Quantitatively
Calculate the Expected Value of the case as the weighted average of all case outcomes.
This represents the value of the case, while there remains uncertainty related to how the case will be decided in court.
Assess Client Risk
Review the full range of potential outcomes and their likelihood.
This allows the client to understand risks of negative and possibly catastrophic outcomes.
Examine Outcome/Award Ranges
- Click a button to graphically present the full range of possible outcomes and their likelihood.
- A client might choose settlement over litigation when presented with these risks.
