Posted On: August 9, 2008 by John Watts & M. Stan Herring

Fascinating NY Times Study On Settling Versus Going To Trial

The NY Times has a very interesting article about a study that was conducted to find out whether parties to a lawsuit typically make the right or wrong decision about going to trial. This only looks at the money aspect - did the plaintiff get more or less money and did the defendant pay out more or less money. There are, of course, other aspects than just money - for example a party's reputation may be at stake at the trial may be worth the risk. But this is an interesting article to consider for both lawyers and parties.