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
Join in house counsel in leading companies who are using SettleIndex to get better results, manage their external lawyers and avoid surprises
Harness legal skills and experience to value complex cases, get the best results and improve the bottom line.
Take control of legal disputes, manage performance and work collaboratively with your external lawyers to make better decisions.
Create clear financial reports, manage the expectations of internal and external stakeholders and avoid surprises.
SettleIndex enables you to make the best decisions about whether, when and how to settle by combining professional experience with financial analysis and data.
SettleIndex enables you and your external lawyers to create a logical map of the issues in your case and model the financial impact of potential outcomes. Using your lawyer’s judgment of how likely outcomes are to occur, we help you understand the value of the case.
SettleIndex stores structured data on cases, which can be a valuable source of reference for future disputes and creating a range of insights – from how well lawyers are able to forecast settlement values to when is the optimum point to settle a dispute.
SettleIndex enables you to create a clear cost/benefit analysis to help demonstrate whether carrying on the legal dispute or settling it is the best course.
SettleIndex converts legal advice into figures, providing your Board with the clear financial reports they expect.
Routinely modelling cases in SettleIndex will give you a repeatable experience and a feeling of control. Our Case History feature allows you to quickly identify where cases are diverging from their planned path.
SettleIndex provides you with clear reports based on risk and data, enabling you to ensure that you company is following the right strategy.
SettleIndex still depends on the experience and gut feel of your lawyers to work out the value of cases; but in a transparent and auditable structure.
SettleIndex enables you to create clear financial models based on the professional judgment of your lawyers, which can be used to obtain authority for settlement. We enable you to reflect how your opponent may be viewing the case, which helps identify reasonable settlement ranges between you and your Opponents.
Once a case is formatted into a financial model it becomes difficult to argue with the output. SettleIndex helps you manage expectations around potential recovery, risk and costs.
Taking cases to trial is inherently risky and unpredictable, that is why most cases are settled. Lawyers tend to be both over optimistic at the outset of a dispute and also not to account mathematically for the downside risk. SettleIndex counters the trend for late bad surprises.
Using SettleIndex from the outset focusses everyone on a shared model of how the case might go and enables constructive collaboration on solving the dispute.external
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Get immediate support on complex disputes from our litigation risk experts, utilised by some of the world’s leading law firms.
Valid in all legal jurisdictions and can accommodate local legal practice.
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“We utilised SettleIndex on a piece of litigation last year and were very impressed with the ability of the software to evaluate risk in our disputes. As a result, the legal team have decided to roll out the use of the software across the Group.”
Helen Mason, General Counsel
Morgan Sindall Group PLC
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
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Even sound legal judgment leads to bad advice if the financial model is wrong. SettleIndex helps lawyers get settlement valuation right.
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