Use case data, documents, comparable matters, and attorney discussion to support more informed settlement value decisions with SmartAdvocate’s SmartIntelligence Settlement Value Assistant.
Settlement Value Meetings Depend on the Full Case
Determining the minimum settlement value of a case requires more than looking at one number. Attorneys may need to consider injuries, medical treatment, special damages, lost wages, liability issues, case documents, and the results of similar matters the firm has handled in the past.
Much of that information may already exist inside the case file, but reviewing all of it during a settlement discussion can be difficult. Attorneys bring their experience and judgment to the meeting, but important details can still be overlooked when a case contains large volumes of information.
The SmartIntelligence Settlement Value Assistant is designed to add another layer of analysis to that process.
How the Settlement Value Assistant Works
The Settlement Value Assistant is an AI-powered feature built directly into SmartAdvocate. It works alongside attorneys during minimum settlement value discussions, capturing the conversation and then analyzing the case information available inside the platform.
Users begin from a dedicated Settlement Discussion screen. Once the meeting starts, SmartIntelligence creates a real-time transcript while the attorneys and other members of the legal team discuss the case and arrive at their own estimate.
After the discussion, the attorneys enter the value they believe represents an appropriate minimum settlement amount. SmartIntelligence then performs its own analysis using information from the meeting and the case.
The Settlement Value Assistant can consider:
- The real-time transcript of the settlement discussion
- Case documents stored in SmartAdvocate
- Special damages and other structured case data
- Information contained throughout the case file
- Comparable cases previously handled by the firm
Once that analysis is complete, SmartIntelligence produces its own settlement value estimate and provides the reasoning behind it.
Because the feature operates within SmartAdvocate, firms can use information already contained in their legal case management software instead of gathering documents and data for a separate AI platform.
AI Can Surface Details the Team May Have Missed
One of the advantages of AI is its ability to process large volumes of information at once. That capability becomes particularly useful when evaluating cases with extensive records, multiple injuries, significant damages, or lengthy histories.
The Settlement Value Assistant does more than return a number. It can explain why its estimate differs from the attorneys’ assessment.
For example, SmartIntelligence may identify lost wages that were not considered during the meeting. It may also flag an injury described in a document that was never recorded elsewhere in the case. It can use comparable matters from the firm’s own history to provide context for the value it recommends.
Attorneys Make the Final Decision
Settlement valuation requires legal judgment. SmartIntelligence provides another source of analysis, but the attorneys remain responsible for deciding what the case is worth.
After reviewing the AI-generated estimate and its justification, the legal team can agree with the recommendation, disagree with it, or adjust its original assessment based on information the feature surfaced. The final minimum settlement value remains the firm’s decision.
That human oversight is an important part of how SmartIntelligence works throughout the platform. SmartAdvocate’s legal software is designed to help attorneys process information and identify relevant details while keeping professional judgment at the center of the decision-making process.
From Settlement Discussion to Settlement Forecasting
The Settlement Value Assistant also connects the valuation discussion with tools already available elsewhere in SmartAdvocate.
Once the attorneys reach a final decision, they can update the case’s existing minimum settlement value field directly from the Settlement Discussion screen. That information can then be used by SmartAdvocate’s settlement forecast reporting, along with estimated settlement or resolution dates.
This allows the outcome of an individual case-value meeting to support broader firm reporting. Rather than remaining a number discussed in a conference room and entered manually later, the minimum settlement value becomes part of the case data used throughout SmartAdvocate.
For firms evaluating future settlements, projected resolutions, and overall case inventory, that connection helps settlement discussions feed directly into the rest of the system.
Add Another Layer of Intelligence to Case Valuation
Attorneys will always bring experience, strategy, and judgment to settlement decisions. SmartIntelligence Settlement Value Assistant gives them another way to test those decisions against the information already contained in the case.
By listening to the settlement discussion, analyzing case documents and damages, reviewing comparable matters, and explaining its own estimate, the feature helps firms take a more complete look at case value before reaching a final decision.
SmartIntelligence brings AI directly into the case management process, giving firms tools that work with the data already stored in SmartAdvocate rather than requiring another disconnected platform.
Request a Demo to see how the Settlement Value Assistant and other SmartIntelligence features can support your firm.
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