Case Study
PrecisionTree Aids Commercial Law Firm in Case Outcome Estimates – Palisade
Customers & Industries: Ascendion Law Industry: Legal Product(s): PrecisionTree Application: Estimating Outcomes of Litigation Summary Ascendion Law's Managing Partner, Chilwin Cheng, uses Palisade Corporation's PrecisionTree software to create detailed decision trees to map out the numerous probabilities at play in a commercial legal dispute. Cheng uses these trees to calculate estimates to clients regarding the risks and rewards of a case, forecast case budgets, understand investigation areas that warrant greater eff ort, and help focus settlement negotiations with opposing sides. PrecisionTree Home Customers & Industries Ascendion Law We literally sent the tree to the other side, and they then saw exactly where we were coming from and our rationale for our decision. We were able to have