O'Reilly logo

Preventing Litigation by William Inmon, Nelson Brestoff

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 4

Preserving Assets

Companies and business organizations around the country have complained, year after year, about the cost of litigation, but to our knowledge no one’s ever done the calculations. What’s the cost of an average commercial (not automobile accident) lawsuit, per case, per company, and per year? As a percentage of costs, or profits, or losses? What’s it worth to prevent that lawsuit?

This chapter presents a combination of data sets1 to derive an average litigation cost per case, and the other metrics we’ve mentioned. The first results were staggering, so we present those knock-your-socks-off numbers up front:

  • The cost of commercial tort litigation for the 10 years from 2001–2010 (rounded) is about $1.6 trillion.
  • The number ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required