Friday, August 08, 2008
It is better for plaintiff's to settle than to go to trial; it is much better for defendants to settle than to go to trial. I'd say that this is pretty consistent with the way most trial lawyers think, for a number of reasons. The economic analysis is interesting-- I'd like to see more studies like that. Bottom line: lawsuits are expensive ways of placing your economic decisions into the hands of people who don't care as much as you do.
// posted by Bill @ 12:53 PM 
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