Interpreting a Decision Tree Analysis of ... - …

Interpreting A Decision tree Analysis OF A LAWSUIT. by Marc B. Victor More and more attorneys are evaluating lawsuits comprising the major components of damages by performing Decision tree analyses (also known ( , compensatory damages, punitive damages). as risk analyses ). These analyses can be used in a Influencing factors are those uncertainties that will variety of ways: influence how we do on the ultimate issues ( , admissibility of a document). 1. To give other counsel and the client a clearer understanding of the key issues, uncertainties To read a Decision tree , you first need to and exposure presented by a case; understand its parts. A Decision NODE, represented by a square, identifies a strategy 2. To gain settlement authority from the client;. choice that is totally within your control (even 3. To convince the other side to accept a given though the consequences are not).

1 INTERPRETING A DECISION TREE ANALYSIS OF A LAWSUIT by Marc B. Victor More and more attorneys are evaluating lawsuits by performing decision tree analyses …

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