Know when to settle, at how much (in specific numbers).

Key Features

1. Interactive Sliders:
   • Settlement Amount: The amount offered to settle the case.
   • Win Probability: The estimated likelihood of winning the lawsuit.
   • Potential Award: The amount that could be won if the lawsuit is successful.
   • Legal Costs: The estimated costs of continuing the lawsuit.
2. Outcome Comparison Chart:
   • A line chart that shows the expected value of continuing the lawsuit versus settling, across different win probabilities.
   • The blue line represents the expected value of continuing the lawsuit.
   • The green line represents the settlement amount.
3. Decision Recommendation:
   • An alert that provides a recommendation based on the current parameters.
   • It compares the expected value of continuing the lawsuit with the settlement offer.

How to use

1. Adjust the sliders to reflect your client's specific situation.
2. Observe how changes in the parameters affect the chart and the recommendation.
3. Use this visual aid to explain the potential outcomes to your client.

Gain Insights

• How the probability of winning affects the decision.
• The impact of legal costs on the overall value of continuing the lawsuit.
• The break-even point where settling becomes more advantageous than continuing.

Things to consider

• The client's risk tolerance
• Potential impact on reputation or business relationships
• Time and stress involved in continuing litigation

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