Lesson 682 of 1550
AI and litigation budget narratives: explaining cost projections to non-lawyers
Use AI to translate a litigation budget into a narrative the CFO and board can review with confidence.
Lesson map
What this lesson covers
Learning path
The main moves in order
- 1The premise
- 2litigation budgeting
- 3fee projection
- 4phase-based estimates
Concept cluster
Terms to connect while reading
Section 1
The premise
Litigation budgets are dense. AI can produce a narrative that explains why each phase costs what it costs.
What AI does well here
- Map fee estimates to litigation phases.
- Draft drivers and ranges for each phase.
- Compare against benchmark cases at a high level.
What AI cannot do
- Predict opposing counsel's tactics.
- Validate hours estimates the firm provided.
- Replace the GC's strategic call on settlement.
Key terms in this lesson
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