Litigation Forecasting

Litigation forecasting is the process of predicting the outcomes and potential costs of legal disputes. It involves analyzing data from past cases, assessing the strengths and weaknesses of each side, and considering various factors such as jurisdiction, legal precedents, and the behavior of judges and juries. This helps lawyers and clients make informed decisions on whether to settle a case, pursue litigation, or manage risk more effectively. Ultimately, litigation forecasting aims to provide a clearer picture of what to expect in a legal battle, guiding strategic planning and resource allocation.