The language of modeling a case.
Every term a litigator meets when a matter stops being a stack of documents and becomes a decision under uncertainty — defined plainly, tied back to how the game is actually played.
See the engine →Expected Value of a Lawsuit
The probability-weighted average of every outcome a case can reach, minus the cost of getting there.
TermDecision Tree Analysis (Litigation)
A branching diagram that maps every decision and chance event in a case so you can price each path.
TermLitigation Risk Analysis
The structured practice of quantifying a case's uncertainty so decisions rest on ranges, not gut feel.
TermSettlement Value
The number at which settling beats litigating for a party, given each side's odds, stakes, and costs.
TermBATNA (Best Alternative to a Negotiated Agreement)
Your best outcome if the deal falls through - the yardstick that tells you which offers to reject.
TermBurden of Proof
The obligation to prove a claim to a required standard - and the risk of losing if you fall short.
TermPreponderance of the Evidence
The usual civil standard: a fact is proven if it is more likely true than not - just past the halfway line.
TermStatute of Limitations
The legal deadline for filing a claim - miss it and the claim can be barred no matter how strong it is.
TermMotion to Dismiss
An early request to throw out a claim on the pleadings, before discovery, for a threshold legal defect.
TermSummary Judgment
A motion to win without trial when there is no genuine dispute of material fact and the law favors you.
TermDiscovery (Civil Litigation)
The pretrial phase where each side exchanges evidence - the process that resolves most of a case's uncertainty.
TermDamages Model
The structured method for turning a proven wrong into a dollar figure a court could award.
TermContingency Fee
A fee paid only if the case succeeds, set as a percentage of the recovery rather than by the hour.
TermMonte Carlo Simulation in Litigation
Running a case thousands of times under random draws to see the full distribution of outcomes, not one guess.
TermSensitivity Analysis
Testing how much the answer moves when you change one assumption - so you know what actually drives the case.
TermNash Equilibrium in Litigation
A pair of strategies where neither side can do better by changing course alone - the game's stable resting point.
TermImperfect-Information Game
A strategic contest where players cannot see everything - exactly the structure of real litigation.
TermBayesian Updating
The disciplined way to revise your probability estimate when new evidence arrives - prior plus evidence equals posterior.
TermExploitability Gap
How much a player could lose by playing a fixed strategy against an opponent who exploits its weaknesses.
TermThe Prisoner's Dilemma in Settlement
Why two parties who would both gain from cooperating can rationally end up in a costly fight instead.
Rehearse your hardest matter before you live it.
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