Legal process
12 important questions on Legal process
What causes settlements and what causes trials?
Involuntary disclosure of information corrects false pessimism which promotes trials.
What is the role of the judge in Europe?
What is the role of the judge in US?
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What is the effect of voluntary pooling of information on costs?
What is the effect on discovery of information on social costs?
What happens when the difference in expected judgement is higher than the difference between litigation costs and social costs?
What are the three variables upon which lawyers focus?
2. services performed
3. outcome of the dispute
What incentive does hourly billing gives to the lawyer?
What incentive does fee-for-services gives to the lawyers?
Jointly and several liability with contribution definition
Class action suit
Segmented vs Unitary Trials
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