Re:Why Law Firm Rankings Are Useless
by wikiwawa on Thursday September 15, 2016 @02:45PM
(#12508684)
I understand sarcasm, that's for sure.
As a matter develops, parties tend to drop out if they think that their chances have declined beyond some threshold. But if they continue, or more likely, their legal representation suggests they continue, it implies that they think they have a good chance of success.
Of course, you can get irrational litigants but most of the time, if it goes to judgement, both parties think they have a high chance of success. Otherwise they would have bailed.
As a matter develops, parties tend to drop out if they think that their chances have declined beyond some threshold. But if they continue, or more likely, their legal representation suggests they continue, it implies that they think they have a good chance of success.
Of course, you can get irrational litigants but most of the time, if it goes to judgement, both parties think they have a high chance of success. Otherwise they would have bailed.