|Technology to Evaluate Litigation Risk|
Wednesday, October 15, 2014 at 01:00 PM EDT
| Event Description:
The decision to pursue commercial litigation has traditionally been fraught with subjectivity. Forecasting how a business dispute might be resolved has generally been based on a rudimentary analysis of initial facts and relevant case law, past experiences with similar matters and general knowledge about the trial venue. Such considerations then form the basis for estimating the likelihood of obtaining a successful outcome - often communicated to the client in vague generalities or a broad range of probabilities - which must then be weighed against the significant legal expenses, opportunity costs, and time commitment the litigation would require.
While nothing can replace competent legal counsel for factual and legal analysis, a more objective assessment of how key decision-makers - including the Courts, litigators, experts and jurors - are likely to perceive and judge a case is now possible.
Dr. Donald E. Vinson, the founding father of the trial consulting industry and the Chairman & CEO of the litigation finance firm Vinson Resolution Management, will discuss the ways in which behavioral science research and sophisticated statistical analysis have lead to the development of case evaluation technologies that provide objective, reliable and valid assessments of the merits and likely success of potential litigation.
Dr. Donald E. Vinson, Chairman and CEP, Vinson Resolution Management
Vinson Resolution Management is led by Dr. Donald E. Vinson (www.donvinson.com). Dr. Vinson is widely considered the “founding father” of the trial consulting industry and is internationally recognized as the world’s leading expert in the field. Dr. Vinson has spent the last 35 years providing valuable insights and strategic recommendations to trial attorneys about juror behavior, and his record of success is unparalleled. He has consulted on hundreds of civil and criminal trials, including Pennzoil v. Texaco, USFL v. NFL, the Oklahoma City Bombing Case, the DuPont Plaza Hotel and MGM Grand Hotel Fires, Dalkon Shield Litigation, the O.J. Simpson Murder Trial, and the World Trade Center Insurance Case.
Dr. Vinson holds a Ph.D. in Marketing, and an M.A. in Sociology from the University of Colorado; an M.S. in Market Research and Consumer Behavior from UCLA; and has a B.A. in Economics from the University of Arizona. His books include: America's Top Trial Lawyers: Who They Are and Why They Win; Jury Persuasion: Trial Techniques & Psychological Strategies; Products Liability: Pharmaceutical Drug Cases; Jury Trials: The Psychology of Winning Strategy; and Social Science Research Methods for Litigation. He has also contributed to five other books and more than 50 articles on psychology, law, trial strategy, and management.
Katherine V. Vinson, Ph.D., Vice President, Litigation Sciences, Vinson Resolution Management
Dr. Katherine (“Katie”) Vinson is a Social Psychologist with a specialty in Juror Behavior and Decision Making. Her expertise is based on quantitative measures of juror attitudes, experiences, and behaviors to predict verdicts and damage awards. This work involves sophisticated mathematical and statistical analysis to develop jury prediction models which have been successfully employed in major commercial cases.
From 2000 to 2010, Katie was employed as Director of Research Analysis at Vinson & Company where she has gained experience in major commercial litigation. These cases have included the Lucent Technologies securities litigation, contract matters involving CSX, DIRECTV, and Quest. She also conducted research in patent and intellectual property matters for Monsanto and DuPont, and she assisted the government in the prosecution of Lynn Davis (New Orleans Police Corruption) and members of the Symbionese Liberation Army (kidnappers of Patty Hearst).
She holds a B.B.A. in Business Administration from Southern Methodist University and an M.A. and Ph.D. in Psychology from Claremont Graduate University.
Benjamin D. Kingston, Esq., Director of Legal Services, Vinson Resolution Management
Mr. Benjamin (“Ben”) Kingston is an experienced litigation attorney in both the consumer and commercial law sectors. He is admitted to the state bars of California and his home state of Nebraska, as well as to the United States District, for the District of California.
As the Director of Legal Services at Vinson Resolution Management (VRM), Ben manages the underwriting of commercial claims being considered for funding, and monitors funded lawsuits through their resolution. He also works with VRM’s clients and their handling attorneys to structure funding arrangements that align interests by rewarding efficiency and efficacy during litigation.
Ben received B.A. degrees from the University of Nebraska in political science and philosophy. He then attended Pepperdine School of law where he received his Juris Doctorate in 2003. Ben is an active member of the Los Angeles County Bar Association, American Bar Association and the Association of Corporate Counsel. He was also named a Southern California Rising Star by Super Lawyers Magazine in 2009 and 2012.