Applying Decision Tree Analysis to Expedite Preference Settlements
Most bankruptcy attorneys are familiar with the adage that 99 percent of preference cases are settled before trial. Indeed, all across the legal landscape, alternative-dispute resolution continues to gain traction, primarily because of the substantial cost savings that these mechanisms offer. To properly advise clients and maximize the value obtained from alternative-disputeresolution mechanisms, counsel should prepare an early case assessment to analyze strengths and weaknesses in the case, as well as any opportunities for reasonable settlements before incurring substantial legal fees and expenses.
Lauren Kornsey, Senior Manager, Marketing and Business Development
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Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 90 attorneys, the firm’s practice is centered on corporate law, corporate litigation, intellectual property, commercial litigation, bankruptcy, labor and employment, and real estate.