{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "How do I use the ROI calculator?", "acceptedAnswer": { "@type": "Answer", "text": "Select your state and practice area to auto-fill average hourly rates. Enter the offered settlement amount, your estimated hours, win probabilities, and any additional costs. The calculator instantly shows net settlement value vs. expected lawsuit value." } }, { "@type": "Question", "name": "Where does the lawyer rate data come from?", "acceptedAnswer": { "@type": "Answer", "text": "All rates are based on the 2026 Legal Trends Report, covering average hourly rates for 50 states, D.C., and 30+ practice areas. Data includes year-over-year comparisons and adjustments for cost of living." } }, { "@type": "Question", "name": "What is a good ROI threshold to choose litigation?", "acceptedAnswer": { "@type": "Answer", "text": "If the expected lawsuit value (considering probabilities and costs) is at least 10-20% higher than the net settlement, litigation may be financially justified. However, always factor in time, risk, and non-monetary factors." } }, { "@type": "Question", "name": "Can I use this for personal injury or business disputes?", "acceptedAnswer": { "@type": "Answer", "text": "Yes. The calculator covers 30+ practice areas including personal injury, civil litigation, corporate, and more. Simply choose your practice area to get accurate billing rates." } } ] } 100) win = 100; if (win < 0) win = 0; loseProbInput.value = (100 - win).toFixed(0); }); stateSelect.addEventListener('change', function() { updateRateDisplay(); }); practiceSelect.addEventListener('change', function() { updateRateDisplay(); }); function calculateROI() { const hourlyRate = updateRateDisplay(); const settlement = parseFloat(settlementInput.value) || 0; const feePct = (parseFloat(feePercentInput.value) || 0) / 100; const hours = parseFloat(hoursInput.value) || 0; const years = parseFloat(yearsInput.value) || 0; const winProb = (parseFloat(winProbInput.value) || 0) / 100; const loseProb = (parseFloat(loseProbInput.value) || 0) / 100; const fixed = parseFloat(fixedCostsInput.value) || 0; // total lawyer cost (hourly) const lawyerCost = hours * hourlyRate; const totalCosts = lawyerCost + fixed; // net settlement after fee const netSettlement = settlement * (1 - feePct); // win outcome: assume full settlement amount (could also use higher verdict, but keep as settlement amount for neutral) // typical assumption: win you get the settlement amount (or more, but keep same for comparison) const winOutcome = settlement; // could be replaced by expected verdict, but we use settlement amount as reference // lose outcome: you pay your own costs (no recovery) const loseOutcome = -totalCosts; // present value discount (simplified 3% annual) const discountFactor = Math.pow(1 + 0.03, -years); const expectedValueRaw = (winOutcome - totalCosts) * winProb + (loseOutcome) * loseProb; const expectedLawsuit = expectedValueRaw * discountFactor; // net settlement already present (no need to discount if paid now) const formattedNet = '$' + Math.round(netSettlement).toLocaleString(); const formattedLawsuit = '$' + Math.round(expectedLawsuit).toLocaleString(); netSettlementSpan.innerText = formattedNet; expectedLawsuitSpan.innerText = formattedLawsuit; const diff = expectedLawsuit - netSettlement; let verdict = ''; if (diff > 0) { verdict = `⚖️ Litigation is $${Math.round(diff).toLocaleString()} higher → consider trial`; } else if (diff < 0) { verdict = `🤝 Settlement is $${Math.round(-diff).toLocaleString()} higher → consider settling`; } else { verdict = `⚖️ Financially equivalent — weigh non-monetary factors.`; } verdictMsg.innerHTML = verdict; // fill details detailRate.innerText = '$' + hourlyRate; detailLegalCost.innerText = '$' + lawyerCost.toLocaleString(); detailAddCost.innerText = '$' + fixed.toLocaleString(); const winContribution = ((winOutcome - totalCosts) * winProb).toFixed(0); const loseContribution = (loseOutcome * loseProb).toFixed(0); detailWin.innerText = '$' + Number(winContribution).toLocaleString(); detailLose.innerText = '$' + Number(loseContribution).toLocaleString(); } calcBtn.addEventListener('click', function(e) { e.preventDefault(); calculateROI(); }); // initial calculation on page load window.addEventListener('load', function() { updateRateDisplay(); calculateROI(); }); })();