Outcome Calculator v1.0
 
Outcome Calculator
  • takes your estimates of costs and recovery,
  • calculates the present value of the projected gain or loss from the suit, and
  • the discounted gain or loss, based upon historical plaintiff win rates
How to Use the LegalMetric Outcome Calculator
  1. Select the party you represent from the "Party" drop-down menu (once you are familiar with the calculator you can go back and see how much the suit will cost the opposing party).

  2. Select a type of suit from the "Nature of suit" drop-down menu (only the most popular types of suit are included-if you have a different type of suit, select the type most like your own).

  3. Change the annual cost of money in the "Annual cost of money" field, if desired. Currently, the LegalMetric Outcome Calculator uses the prime rate as its default.

  4. Enter an estimate of average litigation costs per month (attorney fees, costs, expenses, etc., but not the expected recovery) in the "Average litigation costs per month" field. For example, if you think the case will cost $120,000 in fees and expenses and will take 12 months, enter "$10,000" in the field.

  5. Enter an estimated recovery/loss in the "Expected recovery (plaintiff)/loss (defendant)" field. Enter a positive number. The calculator knows that the defendant will view this number as a loss.

    Note: We do not keep a record of any data you enter into the calculator or the results you obtain from it.

  6. Enter an estimate of how long you think it will take for the suit to end. In the example of step 4, we thought it would take 12 months, so in that case enter "12" in the "Expected time to termination of suit" field.

  7. Click the "Calculate" button.
Party
Nature of suit
Annual cost of money percent
Average litigation cost per month (include fees and expenses)
Expected recovery (plaintiff) / loss (defendant)
Expected time to termination of suit months

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