Legal IT 5.0: Managing and Resolving Legal Disputes With Online, Game-Theoretic Systems
Moving on to the 10:45am session this morning in Montreal, at the LegalIT 5.0 Conference, James F. Ring from Fair Outcomes tackled the topic of managing and resolving legal disputes online.
James introduced the problem with some thought provoking facts:
- only 5% of cases make it to trial
- the vast majority of cases settle
within 30 days of the first day of trial, and - 80% of cases that do settle do not settle
until the day before the trialuntil they are in a “30 days before the first day of the trial” window.
One explanation for the long . . . [more]


