Category: <span>Academy</span>
Product launches, partnerships and thinking on litigation risk from the SettleIndex team.
FRCP 68 offers in US Cases
In this article Brian W Jones, President Merrick Bank, discusses how FRCP 68 could be used during litigation. Quick research with Open AI suggested there are theoretically around 100-150k cases per year where a Rule 68 offer could be made, whittled down to 50-80k per year where they would be ‘strategically meaningful’. SettleIndex is programmed […]
Efficiency Savings through Claims Modelling
Throughout the life of a liability claim, you make strategic decisions whether to settle or fight, based on an assessment of what the claim is ‘worth’. In the majority of cases, you and the claimant will choose to settle rather than face the unknowns of a trial. This makes finding the optimal settlement amount a […]
Settlement Forecasting in Liability Claims
How early settlement benchmarks bring speedy settlement, cost savings and better governance One of the persistent challenges in liability portfolios is not a lack of expertise, but a lack of comparability. Claims evolve through multiple handlers, advisers, and negotiation stages. How do you measure whether the process added real value? SettleIndex addresses this gap by […]
How Corporate Lawyers Benefit from Legal Case Valuation and Settlement Software
Corporate in-house lawyers, particularly those working in major public companies, have very different needs from those in private practice, however large their firms might be. What is the biggest difference? The main focus of the private practice lawyers is serving their numerous clients. Not only is it their duty to support client best interests, but […]
The BIICL Guidelines
BIICL guidelines for Resolution of Disputes include to carry out an objective assessment of the dispute, narrow the issues and to engage in ADR wherever possible. These recommendations are well served by the use of SettleIndex.
Game Theory and the Art of Litigation Settlement
Chris Whitehouse at RPC is one of the most knowledgeable people about litigation risk. In this very interesting series of 4 articles he sets out the fundamentals of calculating litigation risk. In the second article he explains the theory behind our Settle Chart.
Enhancing Predictive Ability through Risk Assessment Methods
This is an excellent paper (73 pages) by Heather Heavin and Michaela Keet, Professors at the College of Law, University of Saskatchewan. They are leaders in the academic study of litigation risk assessment.