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Legal Malpractice Medical Malpractice

Assigning Claim Value

Lawyers Must Weigh Potential Liability

This article outlines some of the issues relevant to a determination of whether an attorney's inaccurate valuation could create potential malpractice liability.

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In nearly every lawsuit, there comes a point when the attorney is asked to evaluate the client’s likelihood of success and to assign a value to the case. Because this value will likely be used by the client in determining whether to settle or to take its chances at trial, the attorney’s valuation can be a crucial element in determining the outcome of a case.

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