Focus (Forum & Focus)
Apr. 24, 2008
'Decision Tree' Can Help Bear Fruits of a Well-Evaluated Case
Forum Column - By Robert A. Steinberg - The best way to evaluate your case is the vaunted "decision tree" - a systematic examination of all possible trial outcomes and their related probabilities.
By Robert A. Steinberg
This article appears on Page 6
Accurate case evaluation is a key settlement advocacy skill. And the best way to evaluate your case is the vaunted "decision tree" - a systematic examination of all possible trial outcomes and their related probabilities. This approach yields what business school types call the "expected value" of the litigation - the weighted average of possible trial resul...
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