Jack Parsons is preparing for a settlement conference with Greenway Chemicals, the company accused of poisoning his clients. The settlement figure involves many different factors, such as medical expenses, pain and suffering, lost wages, punitive damages, and legal fees and costs. Although he had already worked out a bottom-line figure with his clients before going into the conference, he needs a

way to be able to quickly calculate the figures as the conference progresses and alternative amounts are discussed. What technology would help Jack have these calculations and figures at his fingertips?

What will be an ideal response?


Jack should create a spreadsheet with columns for each factor or variable in the ultimate settlement. The spreadsheet would specify a formula with variables for the different disputed figures. As the settlement is negotiated, Jack can make changes to these variables and instantly view the total figure. The spreadsheet can also have separate rows, or even worksheets to display alternative hypothetical settlements simultaneously.

Legal Studies & Paralegal

You might also like to view...

The Federal Tort Claims Act?

A. ?has a five-year statute of limitations. B. ?prevents tort claims by citizens against the United States. C. ?bypasses administrative claims to allow immediate suits against the United States. D. ?requires administrative claims to be filed and decided before an action can be filed.

Legal Studies & Paralegal

What is Fee simple?

What will be an ideal response?

Legal Studies & Paralegal

The ________ system of government is designed to ensure that no one branch of government has more power than the other

Fill in the blank(s) with correct word

Legal Studies & Paralegal

Many states do not publish administrative rules in bound volumes for the general public

Indicate whether the statement is true or false

Legal Studies & Paralegal