A new valuation tool from Magna Legal Services, called Jury e-Valuator, aims to determine the value of a legal case. Specifically, the tool predicts potential damages if the case were to go to trial, calculating potential losses on a scientific and statistically-based assessment.
That makes the product useful, especially in the current legal climate. “Both sides of [a] case want to know what they have in dollars and cents,” Peter Hecht, executive vice president at Magna Legal Services, told Legaltech News. “Knowing the estimated value based on real data can lead to quicker settlements or a smarter investment for war in the courtroom.”
This content has been archived.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]
