Estimating damages, legal costs and time-to-resolution realistically is what separates a disciplined litigation decision from a hopeful one, yet executives are routinely given best-case figures that ignore cost drift and duration. For a board the risk is committing to a dispute on optimistic assumptions, then watching costs and timelines overrun the value at stake. This report explains how exposure and recovery are modelled in your chosen jurisdiction and industry, the components of damages, the structure of legal and adverse-party costs, the realistic drivers of duration, evidence-based ranges and probability-weighting, and the warning indicators of cost overrun, with guidance on when to commission counsel's quantum assessment and independent costs analysis.
Reference material for informed readers, not advice.