Developing Informed Litigation Budgets

Recorded: Wednesday, May 8, 2013

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Corporate legal departments are under pressure to minimize their overall litigation spend and exposure. While it is impossible to predict how costly a case may be when it first arises, today’s business climate demands detailed, accurate litigation budgets and thorough planning that diminishes surprises during a case’s life cycle.

Join Practical Law for a free 75-minute webinar in which trial partners Marcellus McRae and Kahn Scolnick, Gibson, Dunn & Crutcher LLP explain how to use early case assessment and value-proposition tools to develop informed budget estimates. 

In this program, attendees will learn: 

  • How to use issue spotting to develop a game plan.
  • How to create a budget that prices out each stage of litigation, from pre-filing to appeals.
  • The specific steps to take for assessing and evaluating the cost of a case after learning of a potential or actual lawsuit, including:

               o    establishing the client’s optimal outcome;

               o    calibrating the client’s risk tolerance; and

               o    identifying, preserving and reviewing ESI.

From managing client expectations to calculating time estimates for specific tasks, this webinar will clarify how an early, aggressive and in-depth case assessment may be one of the most important investments a company can make.

Presenters:

Marcellus McRae , Partner, Gibson, Dunn & Crutcher LLP

Kahn Scolnick , Partner, Gibson, Dunn & Crutcher LLP

Melissa Lorenzo-Hervé , Editor, Litigation and International Arbitration, Practical Law (Moderator)

Related Practical Law resources: 

  • Case Assessment and Evaluation, Practice Note
  • Case Assessment Decision Tree and Costs Worksheet, Checklist
  • Litigation Budget Template, Standard Document

If you are not currently a Practical Law subscriber, you will be given access to these resources via a no-obligation one week free trial** to Practical Law’s online service.

**Participation is at the sole discretion of Practical Law.

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Practical Law provides practical, up-to-date resources across all major commercial practice areas to help lawyers in law firms and in-house legal departments get up to speed quickly, save time and protect the bottom line. Learn more at www.practicallaw.com.

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