Decision Analysis Consulting
Quantify Your Litigation Risk with Precision
Our Decision Analysis Consulting service transforms uncertainty into measurable risk, providing a clear settlement value for your legal disputes.
Using sophisticated decision tree modeling and probability analysis, we deliver actionable insights that help you make confident settlement decisions based on data and rigorous evaluation, rather than intuition.
Our Consulting Process
Initial Consultation
We begin by understanding your case, including:
- the claims, defenses, counterclaims, and cross claims, and how they relate to one another
- the range of possible damage awards
- insurance coverage legal cost insurance
- the collectability of a judgement
Probability Assessment
Working collaboratively with your legal team, we document probability estimates for various outcomes at each stage of litigation based on their rigorous assessment of the strengths and weaknesses of the case. This includes the key facts, admissible evidence, applicable law, outcomes in similar cases, and other factors that may influence an outcome, such as the credibility of witnesses and evaluation of expert opinions.
Decision Tree Construction
We build a comprehensive decision tree that maps all possible paths your case could take through litigation.
Damage & Cost Modeling
We incorporate potential damage awards, applicable interest, litigation expenses and potential cost awards into the model.
Settlement Value Analysis
Using decision analysis software, we calculate the risk adjusted value of your case and identify the rational settlement range.
Comprehensive Reporting
You receive a detailed report containing:
- The risk adjusted value of the case, which is a rational Settlement Value
- Best/worst case scenarios, their probabilities and net amounts
- Probability distributions of each possible outcome
- A risk chart
- Zone of Possible Agreement (the negotiation range in which the parties can find common ground, resulting in a win/win outcome for the parties)
- Financial analysis showing each possible outcome, including damages, interest, and cost awards.
What You Receive
Complete Decision Tree Visualization
A visual map of your case showing every potential outcome path.
Settlement Value Report
Detailed analysis with risk adjusted monetary value calculations. See Comprehensive Reporting above.
Outcome Probability Distribution
Graphs showing the likelihood of various net outcomes (including future costs, cost awards and interest).
ZOPA Analysis
Identification of the Zone of Possible Agreement if opposing parties assess probabilities similarly.
Sensitivity Analysis
Upon request, we will perform sensitivity analyses showing how the Settlement Value and ZOPA change based on different probability assessments.
Strategic Recommendations
Actionable insights for settlement negotiations based on the analysis.