Decision-tree risk analysis software to analyze law suits (FMC Technologies)

FMC Technologies analyzes the probable value and key decision points of law suits using decision trees. (ACCA Docket, Jan. 2001). The results of the analysis also help the litigation manager speak to business executives in terms the executives understand.

Software can help a law department create decision trees. Two experts in the use of this technique, Bruce Beron and Marc Victor, have spent years educating lawyers in their use. One software vendor is TreeAge.

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