Using a Decision Tree to Value Causes of Action

Valuing litigation claims is not easy. There are many variables that are likely to be contested. That is especially the case when trying to determine the value of a litigation claim prior to the start of formal discovery when the potential outcomes are more volatile due to the lack of information. A decision tree is a tool that can add transparency to the process. In this AIRA Journal article, Managing Director Michael Vitti discusses the benefits of using a decision tree to focus on and disclose the key assumptions that drive the valuation.