SettleIndex is a litigation risk modelling and dispute resolution software platform that uses AI-based document analysis to build financial models of disputes and calculate potential settlement values.
Key features and functions include:
Automated Case Modelling
Users upload existing pleadings or claim correspondence into the platform, and the system extracts and structures key legal and financial facts to build a financial model of the dispute without requiring manual data entry.
Dual-Party Risk Analysis
The platform models both the Claimant's and Defendant's financial position, calculating a "Trial Risk" for each party and identifying a "Common Ground" settlement value that reflects the future legal and process costs both parties would avoid by settling.
Editable Assumptions
Users can review and adjust the underlying assumptions in each model, including prospects of success, alternative award outcomes, cost budgets, cost recovery, contributions, and counterclaims, with changes reflected throughout the model.
Settlement Value Forecasting
The platform produces probability-weighted outcome ranges for both parties, showing possible trial awards, anticipated legal costs, and how a party's negotiating position changes as a dispute progresses and costs are incurred.
Portfolio Analytics and Reporting
The platform generates standardized data and KPIs across cases for use in reserving, portfolio analysis, and reporting, supporting consistency of decision-making across claims teams and external counsel.
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