Category: <span>Blog</span>
Product launches, partnerships and thinking on litigation risk from the SettleIndex team.
Litigation Roulette
The law (in England at least) has always frowned upon gambling and treated sporting wagers as unenforceable. This extended to some activities not commonly recognised as gambling, such as Insurance. The LIfe Assurance Act in 1774 was designed to prevent people gambling by taking out policies on the lives of others, as policy holders […]
Wisdom In….but still Garbage Out?
Even sound legal judgment leads to bad advice if the financial model is wrong. SettleIndex helps lawyers get settlement valuation right.
Counteracting ‘Partisan Bias’
Using SettleIndex balances the ‘partisan bias’ found in adversarial dispute resolution. Both parties get a quicker more economic solution. The critical step in any dispute is working out its settlement value. Four years working with SettleIndex has confirmed that opposing lawyers never agree on the value of a dispute! You may think this is as […]
Never Split the Difference? Is the FBI right in saying it’s a cop out?
Does this FBI advice never to split the difference work for civil disputes?
The Value of Sunk Costs
It is a cliche of decision tree analysis (and a true one) that what you have already spent in pursuing or defending a claim is not relevant to evaluating its settlement value. If you must sink costs, be seen to sink them wisely!
Case Study 1
How Settleindex could have saved $300,000 and 8 months! This case study shows how SettleIndex can reduce the cost of resolving disputes.
Meet me in Seattle
Knowing your own position is not enough. In this short article we explain how the Settle Chart works and how you can use Opponent Values to identify the shared Settlement Position.
Brief Introduction to Litigation Risk
Calculating the value of an uncertain event, such as the Outcome of a Trial, is an established branch of mathematics. Now, with its new Casebot, SettleIndex has for the first time made it easy for any lawyer to use scientific principles for estimating the settlement value of disputes.