Is There a Quick Way to Bottom Line Case Value?
Warning: Candor is Required for This to Work
- If you prevail at trial, what is the high damages amount? ($500,000)
- What is the probability of a high damages amount? (5%)
- What is the dollar outcome of 5% of $100k ($25,000)?
- Continue the same analysis for medium and low damages amounts?
- Add the outcomes.The sum total of outcomes is your case value. ($205, 000)