The Decision Analysis team at Herbert Smith Freehills, led by Alex Oddy and Donny Surtani, have developed processes and tools to help evaluate risk in dispute situations and support clients in their decision-making. The team uses specialist software to analyse and visualise the risks inherent in a dispute. Our aim is to help clients make better informed commercial decisions.
We have built decision tree models for use in a variety of different contexts – including decisions about settlement, case management and prioritisation, mediation advocacy and more. The approach can be applied to all types of dispute including litigation, arbitration, ADR and contentious regulatory matters and whatever the governing law and dispute resolution forum.
The team works alongside existing case teams, to identify the key points of uncertainty in a dispute. Drawing on existing legal analysis the team are able to identify possible outcomes at different stages of a dispute, assess the financial implications of each possible outcome and attribute probabilities to them, and apply decision science techniques to help clients quantify, visualise and better understand the legal risks they are facing.
To find out more about our Decision Analysis team and how you could benefit from this service, please view our video above for further details, or contact us at firstname.lastname@example.org.
Decision Analysis Series
Read our series of discussions about how clients have used HSF's Decision Analysis models as part of their strategy for disputes management.
The contents of this publication, current at the date of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2019