Determining recommended settlement amounts by adjusting values derived from matching similar claims
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United States of America Patent
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Aug 14, 2012
Issued Date -
N/A
app pub date -
Jun 6, 2008
filing date -
Jan 18, 2008
priority date (Note) -
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Abstract
Precedent claims that match a pending claim are identified. A general damages amount is determined based on the likelihood value for at least one of the matching precedent claims. A general damages amount is derived from the likelihood value for at least one of the matching precedent claims. Pending claim adjustments are calculated based on amounts associated with the pending claim. Pending claim adjustments are applied to the general damages amount to determine a recommended settlement amount.
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