I have been reading about and speaking with folks concerning a new area of scholarship and inquiry involving the application of mathematical analyses to legal questions. In the past, those of us who labored in the litigation vineyards would sit the client down, estimate the highest value of a case, the probability of success along with the transactional costs and seek client buy-in on a strategy of when and how far to push and when to cut and run.
It was as much intuition as math, because we were usually applying our own gestalt to such factors as whether a jury would like or hate our client, find our claims viable or outrageous, or agree that our demands for compensation were reasonable and not inflated. Now, some are telling us they can do the same thing using very sophisticated statistical analyses with a much higher degree of success.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
