The Passport Litigation Decision Analysis and Optimization Module is Datacert’s patent-pending solution that informs settlement negotiations and case strategy to improve litigation outcomes. The module is unique in its ability to mine historical matter data from a company’s matter management system and combine it with the power of predictive analytics and decision tree analysis to help counsel answer tough settlement negotiation and litigation strategy questions, such as “What’s the likelihood of winning or losing?,” “Should we settle or go to trial?,” “How much should we offer to settle?,” “How much should we reserve?,” or “Have the best outside counsel been selected?”
Key Module Components:
- Decision Analysis – Use decision tree templates to evaluate case strategy and calculate an expected case value
- “What If?” Analysis – Model and compare multiple case strategy scenarios to determine the best course of action
- Decision Optimization – Mine historical data from similar matters and use predictive analytics to make better case strategy decisions
By Guest Blogger: Datacert, Inc.
