U.S. Securities and Exchange Commission
                        Washington D.C.  20549

                              Form 10-QSB

         [X]  Quarterly Report Pursuant to Section 13 or 15(d) of the 
                       Securities Exchange Act of 1934.
                      For the Quarter Ended September 30, 1997

                                   OR

           [  ] Transition Report Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

                        Commission file number 333-16031


                          Litigation Economics, Inc.
           (name of small business issuer as specified in its charter)


                                              
           Nevada                                          86-0793960
     (State of other jurisdiction                        (I.R.S. employer
      incorporation or organization)                     identification No.)


                   227 South Ninth Avenue, Pocatello, ID  83201
                     (Address of principal executive offices)

         Registrant's telephone no., including area code:  208-233-8001

       Former name, former address, and former fiscal year, if changed
                since last report.


 Securities registered pursuant to Section 12(b) of the Exchange Act:     None

 Securities registered pursuant to Section 12(g) of the Exchange Act:     None


Check whether the Issuer (1) has filed all reports required to be filed by 
Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for 
such shorter period that the registrant was required to file such reports), 
and (2) has been subject to such filing requirements for the past 90 days.
Yes    X     No _____.

   Common Stock outstanding at November 10, 1997 - 1,600,000 shares of $.001
                      par value Common Stock.
<PAGE>

PART 1  FINANCIAL INFORMATION
Item 1  Financial Statements

     The Financial Statements of the Registrant required to be filed with this 
10-QSB Quarterly Report were prepared by management together with Related 
Notes.  In the opinion of management, the Financial Statements fairly present 
the financial condition of the Registrant.

              LITIGATION ECONOMICS, INC. AND SUBSIDIARY
                  (Formerly Landmark Leasing, Corp.)
                     [Development Stage Companies]

                       CONDENSED BALANCE SHEETS
                              [Unaudited]

ASSETS

                                           Sept. 30, 1997     Dec. 31, 1996
                                           ______________    ______________
[S]                                        [C]                [C]
CURRENT ASSETS:
      Cash                                   $23,962            $3,102
      Accounts Receivable                        625                --
      Other Current Assets                       125                --
          Total Current Assets                24,712              3,102

FIXED ASSETS:                                    -                  --
     Equipment and Furnishings               $27,548                --      
     Accumulated Depreciation                 (1,465)               --
          Total Fixed Assets                  26,083                -- 
                           
TOTAL ASSETS:                                $50,795              $3,102


                LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

                                            Sept. 30, 1997     Dec. 31, 1996
                                           ______________    ______________
CURRENT LIABILITIES:
     Accounts payable                         $2,082              $2,478
          Total Current Liabilities            2,082               2,478

STOCKHOLDERS' EQUITY (DEFICIT):
     Preferred Stock                                -                   -
     Common stock                                1,500               1,500
     Capital in excess of par value            104,041               4,141
     Deficit accumulated during the 
       development stage                       (56,829)             (5,017)
          Total Stockholders' Equity            48,712                 624
                                              ________             _______

TOTAL LIABILITIES & EQUITY                     $50,795              $3,102


  The accompanying notes are an integral part of these financial statements.

      NOTE:  The balance sheet at December 31, 1996 was taken from the 
            audited financial statements at that date and condensed.

                                  2
<PAGE>
                    LITIGATION ECONOMICS, INC. AND SUBSIDIARY
                        (Formerly Landmark Leasing, Corp.)
                           [Development Stage Companies]

                      CONDENSED STATEMENTS OF OPERATIONS
                                   [Unaudited]


                            For the Three    For the Three      From Inception,
                            Months Ended     Months Ended       Apr. 22, 1995 -
                            Sept. 30, 1997   Sept. 30, 1996     Sept. 30, 1997
                            ______________    ______________    _______________
[S]                        [C]               [C]                 [C]
REVENUE                      $   7,036          $     -           $   7,036


EXPENSES
     General and 
     Administrative Expenses    42,165                 -             63,858
Income (Loss) from Operation $ (35,129)                -           ($56,823)

Other Income:               
     Gain on sale of asset         858                 -               (138) 
     Interest income                 -                 -                 32

Total Other Income                 858                 -                (106)  

Net Loss                     $ (35,987)            $   -            ($56,929)

Net Loss Per Share                 Nil               Nil                Nil



   The accompanying notes are an integral part of these financial statements.

                                       3

<PAGE>
                  LITIGATION ECONOMICS, INC. AND SUBSIDIARY
                      (Formerly Landmark Leasing, Corp.)
                         [Development Stage Companies]

                      CONDENSED STATEMENTS OF OPERATIONS

                                  [Unaudited]



                             For the Nine     For the Nine     From Inception,
                             Months Ended     Months Ended     Apr. 22, 1995 -
                            Sept. 30, 1997   Sept. 30, 1996    Sept. 30, 1997
[S]                       [C]                [C]             [C] 
REVENUE                        $ 7,036          $    --          $  7,036

EXPENSES:
  General and 
  Administrative Expenses       58,089               --            63,859

Income (Loss) from operation $ (51,053)          $   --          ($56,823)

Other Income:               
     Gain (Loss) on sale 
         of asset                 (858)               --             (138)
     Interest income                --                --               32

Total Other Income                (858)               --             (106)

NET LOSS                      ($51,911)          $     0         ($56,929)

Net Loss Per Share                Nil                Nil             Nil



   The accompanying notes are an integral part of these financial statements.

                                   4

<PAGE>
              LITIGATION ECONOMICS, INC. AND SUBSIDIARY
                (Formerly Landmark Leasing, Corp.) 
                  [Development Stage Companies]

      NOTES TO UNAUDITED CONDENSED & CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Condensed Financial Statements - The accompanying financial statements have 
been prepared by the Company without audit.  In the opinion of management, all 
adjustments (which include only normal recurring adjustments) necessary to 
present fairly the financial position and results of operations at September
30, 1997 and for all the periods presented have been made.

Organization - The Company was incorporated in the State of Nevada on April 
27, 1995, under the name of Landmark Leasing, Corp.  The Company planned on 
operating as a leasing company of residential property, commercial property, 
vehicles, and related activities.  The Company has discontinued pursuing any 
of these activities and accordingly remains a development stage company.  The 
Company changed its name to Litigation Economics, Inc. on December 22, 1996.  
On December 22, 1996, the Company acquired all of the outstanding stock of 
GEC, Inc., (the Subsidiary) for 1,000,000 shares of the Company's common stock 
valued at $.001 per share or $1,000 which represented the capital contributed 
to the subsidiary.  The acquisition of the Subsidiary was recorded as a 
recapitalization of the Subsidiary, whereby the acquired company is treated as 
the surviving entity for accounting purposes.  The subsidiary was formed on 
July 31, 1996 in the State of Idaho.  The Subsidiary is engaged in the field 
of economic advising and consulting and commenced principal business 
operations as of June 2, 1997.  Accordingly, the subsidiary is also considered 
a development stage company.

Accounting Method - The Company's financial statements are prepared using the 
accrual method of accounting.  The Company has selected a December 31 year 
end.

Net Loss Per Share - The computation of loss per share of common stock is 
based on the weighted average number of shares outstanding at the date of the 
consolidated financial statements.

Provision for Taxes - At December 31, 1996, the Company had net operating loss 
carryforwards of approximately $5,000 that may be offset against future 
taxable income through 2011.  No tax benefit has been reported in the 
financial statements, because the Company believes there is a 50% or greater 
chance the carry forwards will expire unused.  Accordingly, the potential tax 
benefits of the loss carryforward are offset by a valuation allowance of the 
same amount.

Depreciation Methods - The Company depreciates its property and equipment,
including computer equipment, fax machines, filing cabinets, etc., 
using the straight line method, over the estimated useful lives of the related 
assets ranging from 3 to 10 years.

Cash and Cash Equivalents - For purposes of financial statement presentation, 
the Company considers all highly liquid investments with a maturity of three 
months or less to be cash equivalents.

                                     5
<PAGE>

Use of Estimates - The preparation of financial statements in conformity with 
generally accepted accounting principles requires management to make estimates 
and assumptions that affect the reported amounts of assets and liabilities and 
disclosure of contingent assets and liabilities at the date of the financial 
statements and the reported amounts of revenues and expenses during the 
reporting period.  Actual results could differ from those estimates.

Principles of Consolidation - The consolidated financial statements include 
accounts of Litigation Economics, Inc. and its wholly-owned subsidiary, GEC, 
Inc.  Inter-company transactions have been eliminated.

Revenue Recognition - Revenue will be recognized upon the completion of 
consulting and advising services.

Computer Software - Proprietary computer software is being developed by the 
president of the Company to be used in the Company's proposed economic 
advising and consulting activities.  The president of the Company has used his 
personal computer and space in his home during the development of this 
software.  These facilities and equipment are used primarily by the Company's 
president for his personal affairs and the business usage would be 
immaterial.  In addition, the president of the Company has not received any 
compensation from any source for his time in developing this computer 
software.  Accordingly, no costs associated with the development of the 
computer software have been reflected in the accompanying financial statements.

NOTE 2 - GOING CONCERN 

The accompanying financial statements have been prepared in conformity with 
generally accepted accounting principles which contemplate continuation of the
Company as a going concern.  The Company has incurred losses since inception, 
has expended most of its working capital and has not yet been successful in 
establishing profitable operations.  These factors raise substantial doubt about
the ability of the Company to continue as a going concern.

NOTE 3 - RELATED PARTY TRANSACTIONS

The Company sold a vehicle to a related party on July 15, 1996 for a gain of 
$720.

NOTE 4 - COMMON STOCK 

In October of 1996, the Board of Directors adopted the Litigation Economics, 
Inc., 1996 Stock Option Plan (the "Plan"), allowing the Company to offer its 
key employees, officers, directors, consultants, and sales representatives the
opportunity to acquire a proprietary interest in the Company.  The total 
number of shares reserved and available for distribution under the Plan is

                                       6
<PAGE>

500,000 shares.  These shares will underlie the Options issued by the 
Company pursuant to the Plan.  The Option holders will not be protected 
against dilution if the Company should issue additional shares of common stock 
in the future.  Neither the Options, nor the shares underlying the Options 
have preemptive rights.  As of September 30, 1997, no shares have been issued
pursuant to the Plan.

NOTE 5 - SUBSEQUENT EVENTS

None.

       ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Plan of Operation

The company was incorporated on April 27, 1995.  The Company has recently 
commenced full-scale business operations and has generated revenues and is
considered a development stage company.  The Company was only recently
activated to raise funds from a public offering and commence business 
operations.  Management commenced full-scale operations as of June 2, 1997. 
To date, activities have included organizational matters, leasing office space, 
developing a marketing plan, constructing office space, development and 
distribution of a newsletter, compiling potential client datebases, providing
economic consulting services, and other preliminary matters including the 
preparation and filing of a registration statement for a $100,000 public stock 
offering that was subsequently closed on July 8, 1997.

On December 22, 1996, the Company acquired all of the outstanding stock of GEC,
Inc., (the Subsidiary) for 1,000,000 shares of the Company's common stock valued
at $.001 per share or $1,000 which represented the capital contributed to the
subsidiary.

On June 2, 1997, the Company commenced full-scale business operations in the
field of economic advising and consulting.  The Company targets litigation 
attorneys specializing in personal injury, employment law, medical malpractice,
and other related areas in the market areas surrounding the following 
locations:  Idaho, Chicago, Salt Lake City, San Francisco, Portland and Phoenix.
The Company has provided its prospective clients a place to retain the 
variety of economic consulting services they may need to successfully 
litigate certain cases.  Specifically, the Company provides economic, 
financial, statistical, and other types of analysis necessary in litigation that
involves a dispute regarding economic damages.  Furthermore, the Company is
marketing PreVal, a new economic consulting service provided to attorneys in the
settlement-phase of litigation.

The Company has formed exclusive business referring relationships with other
consulting companies that serve the same base of attorneys identified as 
potential clients by the Company.  Specifically, the Company has formed a 
referring relationship with Vocational Diagnostics (a vocational and life care

                                       7
<PAGE>

planning company in Phoenix, Arizona), Mirfak Associates (a vocational and life
care planning company in Lafayette, California), Ellis & Associates (a 
vocational and life care planning company in Chicago, Illinois), Intermoutain
Vocational and VocConsult Services (vocational and life care planning companies
in Boise, Idaho), BCRC (a vocational and life care planning company in Missoula,
Montana), and The Apollo Group (a structured settlement company in Chicago, 
Illinois).

In July 1997, the Company mailed the first issue of its quarterly newsletter, 
The Economic Counselor, to approximately 21,000 attorneys.  The Economic 
Counselor is a one-page newletter with articles written by the company and 
consultants at the affiliated companies mentioned above.  The Economic Counselor
is also the host of a one-cell law and economics comic illustrated by Jed 
Clarke.  In October, the Company mailed the second issue of The Economic
Counselor.  The newsletter provides attorneys a place to fax in a request for
additional information on the Company's services and as of October 21, 1997, the
Company has received more than 200 responses to the newsletter.

To cut costs associated with the printing and distribution of the newsletter, 
the Company has begun solicited authorization from the attorneys on the 
newsletter mailing list to fax them the newletter instead of mailing it.  It
is anticipated that 2,500 to 5,000 attorneys or firms will grant the Company
permission to fax the newsletter.  Converting The Economic Counselor to a faxed
newsletter will save the Company a substantial amount of labor and material
expense presently incurred by mailing the newsletter.

RESULTS OF OPERATION

While management feels that the response to and interest in the newsletter has
been good, actual business received from the newsletter has been slow.  As of 
September 30, 1997, the Company had received contracts for eight PreVal reports
with an associated revenue of $4,100.

The company incurred total expenses of $5,769 for the year ended December 31, 
1996,  $42,165 for the three months ended September 30, 1997 and $58,089 for 
the nine months ended September 30, 1997.   

As of September 30, 1997, the Company had tangible assets in the amount of 
$50,795 and $2,082 in liabilities.  The Company's tangible assets and 
liabilities for the year ended December 31, 1996 were $3,102 and $2,478 
respectively.

                                    8
<PAGE>

Liquidity

The Company completed a public offering on July 8,1997, which generated 
$100,000 in cash proceeds for the operation of the company.  Management feels 
that the Company will be able to operate sufficiently during its development 
stage using these funds.  Currently, management is actively seeking and 
meeting with prospective clients to contract for their economic and financial
statistical analysis.  Management believes that as clients contract for 
services sufficient revenue should be generated to cover the Company's 
operating expenses.

PART II    OTHER INFORMATION

ITEM 1     LEGAL PROCEEDINGS
            None

ITEM 2     CHANGE IN SECURITIES
            None

ITEM 3     DEFAULTS ON SENIOR SECURITIES
            None

ITEM 4     SUBMISSION ON MATTERS TO A VOTE OF SECURITY HOLDERS
            None

ITEM 5     OTHER INFORMATION
            None

ITEM 6     EXHIBITS AND REPORTS ON FORM 8-K
            (a)     Exhibits
             None

            (b)     Reports on Form 8-K
             None
 
                                     SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this report to be signed on its behalf by the 
undersigned, hereunto duly authorized.

                              Litigation Economics, Inc.


Date: 11/06/97             By:  /s/ Cornelius A. Hofman, CEO               
                                President
     
                                     9
<PAGE>