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Fri, Feb 19, 2010

Online Litigation Decision Tree creator - The Arboretum

Mediators who work in the “shadow of the law” sometimes use litigation risk analysis tools as a way to talk with parties about the strengths and weaknesses of their cases without appearing to take sides. Atlanta-based attorney and mediator Dan Klein has made this process easier by providing a free online tool called The Arboretum for creating decision trees. As he explains…
“A decision tree shows the various possible outcomes in a lawsuit and helps the parties evaluate the costs, risks and benefits of each outcome. In a typical lawsuit—where a plaintiff simply seeks to recover some amount of money from a defendant—a decision tree lists the most likely ways the case can come out and produces a weighted average of the results.”

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Posted by: Bill Warters on 2010 02 19 | Filed under Conflict Resolution  

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