We will be closed from 5pm Thursday 17th April for the Easter Bank Holidays, re-opening at 8.30am on Tuesday 22nd April. Any orders placed during this period will be processed when we re-open.
This study finds evidence that the outcomes of litigation are not predictable, and must therefore be influenced by factors other than facts, law and logic. It is the first study to document the existence of financially meaningful uncertainty in litigation. It employs the event study methodology used in the econometrics of financial markets to determine whether events reveal new information and how markets react to companies involved in lawsuits.