November 04, 2016

Jenner & Block Partner Marc A. Van Allen spoke at the first Fin (Legal) Tech Conference, sponsored by the Law Lab at Illinois Tech Chicago-Kent College of Law.  The Conference drew from the financial industry to present insights from which lawyers can better characterize and predict risk for their clients and remove friction from various legal processes.  Mr. Van Allen participated in a panel titled “Legal Underwriting/Characterizing (Pricing) Legal Risk/Legal Portfolio Management.”  The Conference was held on November 4, 2016, at Illinois Tech Chicago-Kent.  Legal Executive Insights reported on the conference and quoted Mr. Van Allen, who observed that decision trees can be used to model the Economic Value Added (EVA) provided by lawyers, in order to determine the optimal amount of resources to invest in a given litigation.  The article quotes Mr. Van Allen suggesting three ways to improve EVA once it’s measured: sequencing; value engineering; and playing the odds.

Mr. Van Allen is a member of the firm’s Government Contracts and Tax Litigation Practices.  Businesses turn to him for help with disputes over corporate transactions, partnerships, joint ventures, licenses, and contracts.