Legal Talk Network - Law News and Legal Topics The Art of Case Budgeting
The process of “case budgeting” is increasingly common in complex litigation, it’s the science and art of laying out the potential time and cost of trying a case. Daniel Dowd is the managing partner and the president of the Phoenix law firm Cohen Dowd Quigley. He explains how to estimate: “How much will this cost to get to the finish line?”
But how do you do it? How do you react when a client brings up costs? Dowd details the labor-intensive process of understanding each aspect of the case and calculating costs, including discovery, expert witnesses, the potential for a mediated settlement, and even the nature of the court and opposing law firm.
There are many variables, and as the timeline stretches out, projections can become less accurate. But if a client asks, a “best estimate” can help them understand the true cost of a case. “You build a skeleton … and then you have to estimate with your team how much time they’re going to spend,” Dowd explains. “Then you get your calculator out.”
Plus, a quick tip from attorney and co-chair of the ABA Mental Health & Wellness committee Maritza Rodriguez of the firm Rodriguez Family Law as she discusses “the great commitment reset.” Get a fresh start on a new year by making fewer commitments, auditing your life, and cutting back on self-scheduling.
Have a question, comment, or suggestion for an upcoming episode? Get in touch at MRogson@SkywardInsurance.com and JAReeder@JonesDay.com.
Resources:
2026 Women in Litigation CLE Conference
American Bar Association Litigation Section
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