Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Keep It Under Control

BY Patrick W. Michael
September 02, 2014

Client questions about litigation management are always the same: How likely are we to win? How long will it take? How much will it cost? The answers vary from case to case, but metrics exist to answer the questions and to enhance litigation management.

General Counsel and corporate litigation managers believe that the single most important component for successful management of litigation is faster resolution of cases. It appears obvious that the longer the case duration, the higher the legal fees. General Counsel do not believe that longer duration and additional cost generate a better result. In their view, the result is more than likely to be the same whether the matter is resolved prior to taking depositions or following the conclusion of fact discovery. See, A National Litigation Management Study, Commissioned by: The Council on Litigation Management, Revere Advisory, Inc. (March 2011) (Revere Study), pp. 8-9.

The speed with which a dispute is resolved is directly related to effective litigation management. This article describes a two-step approach for litigation management. The first step is the collection of quantitative information about each case. Over time, this information ' the metrics ' will reveal trends, duration, probabilities and costs. The second step is the preparation of a comprehensive, detailed litigation budget based, in part, on the data collected concerning similar lawsuits. The budget represents the plan for handling the lawsuit. This litigation management process creates a reasoned and logical framework for early case assessment, quicker resolution and more predictable outcomes.

Read These Next
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models Image

Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.

Hyperlinked Documents: The Latest e-Discovery Challenge Image

As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.

Identifying Your Practice's Differentiator Image

How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.

Risks and Ad Fraud Protection In Digital Advertising Image

The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.

Turning Business Development Plans Into Reality Image

This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.