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Artificial intelligence. Credit: Alexander Supertramp / Shutterstock.com

Virtually all legal disputes get considered for settlement, which means that virtually all legal disputes get valued. Traditionally, those values are chosen by lawyers, who assign an overall value based on components like the facts of the case, the law that applies, the strength of the players involved, and the effectiveness of the advocates. In my view, experienced trial lawyers are quite good at evaluating these individual components. (I am one of these lawyers, so perhaps this belief is to be expected.)

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