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By Bill Altreuter

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.

Full post as published by Outside Counsel on August 08, 2008 (boomark / email).