Day 1

• I. Introduction To Litigation Strategies & Risk Management
  • The basic principles of Litigation Strategies & Risk Management and how they will benefit you. How to develop a systematic way of dealing with complexity and accounting for uncertainty.
  • 8:30-10:15
• II. Break
  • 10:15-10:30
• III. Structuring Decisions – The Settlement Decision – Tutorial
  • A very simple case is used as an introduction to the basic mechanics of decision theory.
  • 10:30-11:15
• IV. Structuring Decisions – The Settlement Decision – Case Study
  • A case study, based on an actual analysis is presented to show how to structure a problem and how to determine a bottom-line settlement figure.
  • 11:15-12:00
• V. Structuring Decisions – The Settlement Decision – Workshop
  • Applying the methodology to a simple problem.
  • 12:00-12:30
• VI. Lunch
  • 12:30-1:30
• VII. Pretrial and Trial Decisions – Tutorial & Case Study
  • Formulating and refining pretrial and trial strategy. The value of perfect & imperfect control.
  • 1:30-2:00
• VIII. Pretrial and Trial Decisions – Workshop
  • Formulating and refining pretrial and trial strategy. Application of techniques to a simple problem. How to think about what to spend on discovery.
  • 2:00-2:20
• IX. Summary
  • How to utilize these tools, further readings and discussion of software.
  • 2:20-2:30
• X. Probability Assessment Demonstration
  • How well do you currently make your own judgments on uncertainty?
  • 2:30-2:50
• XI. Probability Assessment – Determining the Likelihood of Uncertain Events
  • The subconscious biases that can distort one’s reasoning, and how to mitigate them. A demonstration of good probability assessment tecchniques.
  • 2:50-3:30
• XII. Break
  • 3:30-3:45
• XIII. Probability Assessment – Conclusion
  • How well do you currently make your own judgments on uncertainty? The subconscious biases that can distort one’s reasoning, and how to mitigate them. A probability encoding demonstration.
  • 3:45-4:10
• XIV. Case Study – Keystone Oil v. Lonestar Co.
  • An analysis of the Pennzoil v Texaco case reveals some interesting lessons.
  • 4:10-4:25
• XV.Case Study- Structuring Liability Issues
  • A simple case study shows how to elaborate the analysis of laibility issues.
  • 4:25-4:50
• XVI. Conclusion – Litigation Strategies & Risk Management and the Litigation Process
  • Group discussion. A review of the concepts and techniques covered. The role of Litigation Strategies & Risk Management in your decision-making and in negotiations.
  • 4:50-5:00

Day 2 (for Two-Day seminar)

• I. Review of Concepts and Practice
  • Additional review of the concepts and techniques covered in Day 1. Discussion.
  • 8:30-9:30
• II. Individual Workshop
  • An regulatory problem to reinforce what you have learned.
  • 9:30-10:00
• III. Introduction to Probability
  • An introduction to some simple, useful probability concepts.
  • 10:00-10:30
• IV. Break
  • 10:30-10:45
• V. Probability Workshop
  • Simple probability problems applying concepts from the introduction.
  • 10:45-11:00
• VI. Practice Probability Encoding
  • Encoding of probability distributions under the supervision of the instructor.
  • 11:00-12:30
• VI. Practice Probability Encoding
  • Encoding of probability distributions under the supervision of the instructor.
  • 11:00-12:30
• VII. Lunch
  • 12:30-1:30
• VIII. Individual and Group Workshops
  • A group workshop to solve a realistic case. Presentation of results.
  • 1:30-3:30
• IX. Discussion and Summary
  • Further discussion about practical issues around applying methodology.
  • 3:30-4:00