Brazilians waxed — predicting future legal expenses

By John Koski

It’s easy to be wrong. Some well-respected prognosticators (although not your humble correspondent) thought Brazil would easily beat Germany earlier this week. A certain well-regarded national newspaper once claimed, in 1948, that Dewey defeated Truman. Yet it’s hard to be more wrong than the Manchester Guardian, which editorialised 100 years ago: ‘It is not to be supposed that the death of the Archduke Francis Ferdinand will have any immediate or salient effect on the politics of Europe.’

Predicting the future is inherently difficult. Predicting future legal expenses is similarly challenging. Clients are certainly within their rights to have some idea about what things may cost, but attorneys also are on solid ground if they qualify their response based on known and unknown unknowns…

Click on the link below to read the rest of the Dentons briefing.

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