EXHIBIT 5 OPINION ON LEGALITY POULTON & YORDAN ATTORNEYS AT LAW 4 TRIAD CENTER, SUITE 500-A SALT LAKE CITY, UTAH 84180 (801) 355-1341 October 24, 1996 Board of Directors Litigation Economics, Inc. 227 South Ninth Avenue Pocatello, Idaho 83201 Re: Opinion and Consent of Counsel with respect to Registration Statement on Form SB-2 Gentlemen: You have requested the opinion and consent of this law firm, as counsel, with respect to the proposed issuance and public distribution of certain securities of the Company pursuant to the filing of a registration statement on Form SB-2 with the Securities and Exchange Commission. The proposed offering and public distribution relates to 100,000 shares of Common Stock, $.001 par value (the "Common Stock"), to be offered and sold to the public at a price of $1.00 per share. It is our opinion that the shares of Common Stock will, when issued in accordance with the terms and conditions set forth in the registration statement, be duly authorized, validly issued, fully paid and nonassessable shares of common stock of the Company in accordance with the corporation laws of the State of Nevada. We hereby consent to be named as counsel for the Company in the registration statement and prospectus included therein. Very truly yours, POULTON & YORDAN /S/ Cletha A. Walstrand Cletha A. Walstrand CAW/jt