DataGavel

DataGavel is heading to the American Trucking Associations Trucking Legal Forum in Minnesota this week! Excited to dive into the latest legal developments affecting the trucking industry - from regulatory updates to emerging litigation & settlement trends. I'd love to connect and exchange thoughts on settlement trends in the trucking industry with anyone attending. Drop a comment or send me a message if you'd like to meet up! #ATATruckingLaw #TransportationLaw #ATA #LegalTech #Settlement #TruckingIndustry #NuclearVerdict

?? Bodily Injury Claims ?? The increasing cost of bodily injury claims is outpacing economic inflation, driven by social inflation factors like negative sentiment towards corporations and aggressive plaintiff attorney tactics...leading to higher claim payouts. Professionals across industries rely on comparable transactions to make informed market-based decisions...EXCEPT the defense community valuing bodily injury claims...where collaboration is lacking. ?? The Current Approach: ? Initial reserves based on maximum potential value with limited information, and factors like injury severity, medical records, and property damage. ? Reliance on skewed jury verdict data (representing<3% of BI claims) ?? DataGavel is revolutionizing the industry by: ? Providing insights into settlement trends using non-public industry settlement data ? Enabling informed decision making ? Reducing legal fees with standardized reporting ?? How is your company adapting to the rise in bodily injury claims? Are you leveraging technology to stay competitive in this evolving landscape? Contact me via email at [email protected] if you want to learn more. #BodilyInjuryClaims #LegalTech #RiskManagement #InsurTech #PersonalInjury #Lawsuit #BIClaims

?? Exciting news at DataGavel! ?? We're thrilled to announce two key additions to our executive team as we continue to revolutionize LegalTech in tort litigation. Ben Turk joins as President and Rick Rufolo takes on the role of Chief Strategy Officer. At DataGavel, we're revolutionizing tort litigation with our digital platform by: ? Enhancing collaboration between companies and their defense counsel ? Aggregating legal data, including verdict and settlement outcomes ? Efficiently managing and valuing matters We're hammering legal data into actionable insights. Stay tuned for more innovations and updates from DataGavel! #LegalTech #Innovation #Leadership #TortLitigation #Litigation