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The Art of Case Budgeting
The process of “case budgeting” is increasingly common in complex litigation, it’s the science and art of laying out the potential time and cost of trying a case. Daniel Dowd is the managing partner and the president of the Phoenix law firm Cohen Dowd Quigley. He explains how to estimate: “How much will this cost to get to the finish line?”
But how do you do it? How do you react when a client brings up costs? Dowd details the labor-intensive process of understanding each aspect of the case and calculating costs, including discovery, expert witnesses, the potential for a mediated settlement…
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