The impact of costs on the settlement position in a legal case. How adjusting the costs can affect the overall position and the potential gains or losses for both the claimant and the defendant. How different outcomes and risk profiles can influence the settlement value. Understanding the relationship between costs and settlement is crucial for making informed decisions in legal cases.
Use Shake and SettleIndex together to find the optimum settlement quickly
Come and meet us there. Take our challenge at the SettleIndex stand and win prizes! LegalTechTalk 13-24 June 2024 at Intercontinental O2
Does this FBI advice never to split the difference work for civil disputes?
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!
How Settleindex could have saved $300,000 and 8 months!
This case study shows how SettleIndex can reduce the cost of resolving disputes.
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.
Book a short demo with our team to find out more about SettleIndex and what it can do for your organisation.
Get in touch with us today if you want to learn more about SettleIndex or arrange a meeting.
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