This is the first of a three-part series in which Robert Rothkopf extracts important lessons for litigators and consumers of legal advice from the recent book “Superforecasting – The Art & Science of Prediction”. Part 1 focuses on the need for lawyers to embrace the use of percentage probabilities when considering the merits of a case, not only to reduce the scope for confusion but also to...

This is the second part of a three-part series from Balance Legal Capital on “Litigation Superforecasting”, inspired by a recent book called “Superforecasting – The Art & Science of Prediction” by Philip Tetlock and Dan Gardner.

In this part 3 of our series on "Litigation Superforecasting", we discuss the habits of thought honed by Tetlock's superforecasters, and apply them to litigation and arbitration.

Our survey results show that without % numbers in prospects advice, the stock phrases lawyers use in legal advice are bound to confuse.

Our survey found that solicitors apply higher % scores than barristers to the same prospects advice phrases, suggesting that barristers take a more pessimistic view of case prospects than solicitors even though they might use the same language.

What are the fundamentals in predicting litigation outcomes? Watch Managing Partner, Robert Rothkopf, as he shares the three techniques that we use to improve our forecasting accuracy.