This is an enhanced version of the Lawsuit Settlement Calculator.

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Here's a breakdown of the new features:

1. Multi-scenario Comparison:
   • Users can now add and remove multiple scenarios.
   • Each scenario has its own set of inputs (settlement amount, win probability, potential award, legal costs, and duration).
   • The outcome comparison chart now shows lines for each scenario, allowing easy comparison.
2. Time-based Analysis:
   • Added a "Duration" input for each scenario to account for the expected length of the lawsuit in years.
   • Implemented a simple present value calculation (assuming a 5% annual discount rate) to adjust the expected values based on the duration.
   • The chart and decision recommendations now use these time-adjusted values.
3. Risk Assessment Visualization:
   • Implemented a Monte Carlo simulation (1000 runs per scenario) to generate a distribution of possible outcomes.
   • Added a new chart (bar chart) to visualize the probability distribution of outcomes for each scenario.
   • This gives users a better understanding of the risk profile associated with each scenario.

Other enhancements:

• The UI has been updated to accommodate these new features, with expandable/collapsible sections for each scenario.
• The charts are now more interactive, with tooltips and legends to help users interpret the data.
• The decision recommendations now provide insights for each scenario separately.

This enhanced simulator provides a much more comprehensive tool for analyzing lawsuit settlement decisions, allowing users to compare multiple scenarios, account for the time value of money, and visualize the risk involved in their decisions.

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