At Ott Law, we understand that every case is unique and requires a tailored approach to maximize your claim’s potential value. We are committed to guiding you through the complexities of liability and damages with clear, factual insight.
Our approach uses a scientific and statistical model to estimate the expected value of your case, focusing on liability and damages which are the key factors influencing outcome and compensation.
We prioritize transparent communication to help you make informed decisions and pursue the justice you deserve, ensuring your rights are protected throughout the legal process.
Determining the worth of your claim involves evaluating both the liability—the percentage of fault assigned to the defendant—and the total damages incurred. Liability is assessed based on the evidence and legal standards in your jurisdiction, while damages account for medical expenses, pain, suffering, and other losses.
Using an expected value calculation allows us to estimate your settlement or award by multiplying the damages by the probability of winning at trial. This method helps in realistically setting expectations and guiding strategic decisions.
This approach removes guesswork and emphasizes transparency, empowering clients to make value-based decisions whether to settle or pursue trial litigation.
We begin by gathering facts and evidence to accurately assess liability and the extent of damages involved in your claim.
Using our statistical model, we calculate an expected case value based on damages and the probability of success at trial.
We discuss potential outcomes, settlement options, and trial prospects, empowering you to make informed decisions aligned with your goals.
Throughout your case, we provide continual guidance and adjust strategies as new information emerges to optimize results.
Liability is assessed by examining the evidence and understanding the laws relevant to your case’s jurisdiction. It represents the likelihood that the defendant is at fault, expressed as a percentage.
For example, some states use comparative fault rules that can reduce damages based on the plaintiff’s own responsibility, affecting the liability calculation and final case value.
Damages typically include medical bills, lost wages, pain and suffering, and other compensatory costs arising from the incident. Both economic and non-economic damages are considered to estimate your claim’s value.
The total damages figure reflects present expenses plus anticipated future impacts, such as ongoing medical treatment or permanent limitations.
Expected value combines the amount you might recover if successful with the probability of winning your case, providing a realistic estimate of its worth.
This method helps clients understand risks and rewards, enabling better informed decisions about settlement versus trial.
Yes, damages can accumulate as your condition evolves or if additional expenses arise. The valuation updates to account for ongoing losses and impact on your life.
Our team continuously monitors your case to ensure that all relevant damages are included in settlement discussions or trial preparation.
Certain risks, such as summary judgment dismissals, are factored into the probability calculations, reducing the expected value accordingly. This accounts for the chance your case might not reach trial.
We discuss these risks upfront to provide a complete picture of your claim’s realistic prospects.
Typically, it can take about two years from filing until trial, depending on the jurisdiction and complexity of your case.
During this time, your damages and case strategy may evolve, and we will keep you informed every step of the way.
Ott Law emphasizes a scientific, transparent approach to case valuation rooted in statistical modeling, tailored to each client’s facts and circumstances.
We prioritize education and client choice over quick settlements, ensuring you understand your options and potential outcomes.
Focus on the core factors affecting your claim’s worth to make informed decisions.
Factor in the chance of winning when evaluating your case value realistically.
Update your damages estimates as your circumstances change through the litigation process.
Work with attorneys who explain risks and strategies clearly to empower your decision-making.
The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.
