Recent data from the U.S. Chamber of Commerce Institute for Legal Reform reveals a troubling rise in "Nuclear Verdicts" — high-value and unpredictable jury awards that have become a growing concern for defense attorneys. For legal professionals, staying informed and adapting strategies is crucial in this evolving landscape. Featured in the most recent CLM Magazine, O’Hagan Meyer Boston Partner, John Young, and Gold Medal Bakery, Inc. General Counsel, Matt Cianflone, breakdown how to make these verdicts more predictable and the best strategies for prevention & control. To learn more, check out their article linked here. https://lnkd.in/dCE8WPJM
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Very insightful in terms of how to deal with a real problem here even locally.
Recent data from the U.S. Chamber of Commerce Institute for Legal Reform reveals a troubling rise in "Nuclear Verdicts" — high-value and unpredictable jury awards that have become a growing concern for defense attorneys. For legal professionals, staying informed and adapting strategies is crucial in this evolving landscape. Featured in the most recent CLM Magazine, O’Hagan Meyer Boston Partner, John Young, and Gold Medal Bakery, Inc. General Counsel, Matt Cianflone, breakdown how to make these verdicts more predictable and the best strategies for prevention & control. To learn more, check out their article linked here. https://lnkd.in/dCE8WPJM
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Are litigators truly facing down "12 Angry Men (& Women)" each time they take a case to a jury? The incidence of massive "nuclear" verdicts has unquestionably increased, but inevitably the blame gets laid at the feet of "Reptile Tactics" (thoroughly debunked) or "class warfare" (unsupported by data). Anyone who has watched mock jurors knows that large damage awards are generally the outcome of one or two outraged and outspoken jurors rather than an entire angry group. Usually, it's a confluence of circumstances that leaves the remaining jury unmotivated to push back against the enraged juror(s). No juror wants to be the one who defends heinous conduct or the bumbling corporation. Careful jury selection processes and understanding the seated panel are the keys to avoiding the above outcome. #jurytrials #litigation https://lnkd.in/epsumjrj
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The Truitt Law Firm understands the impact of "nuclear verdicts" in today's legal climate. With our extensive trial experience and ongoing education on the factors driving these verdicts, we are well-equipped to handle all of your litigation needs. Trust us to provide the expert guidance and representation you need to navigate this challenging landscape. #TruittLawFirm #LegalLitigation #ExpertRepresentation
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Recent report from the U.S. Chamber of Commerce Institute for Legal Reform has identified a rise in “nuclear verdicts” of $10 million or more. Illinois made the top 10 list. Additional details can be found here https://buff.ly/3XvSbX9 #medicalmalpractice
https://instituteforlegalreform.com/wp-content/uploads/2024/05/ILR-Nuclear-Verdicts-Study-2024.pdf
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"What Companies Can Learn from the Reversal of Virginia’s $1 Billion Verdict" Read Setliff Law attorney Danielle Brim's article offering some insight into how companies might prepare themselves to avoid being the target of a “nuclear verdict,” because even in the case of a reversal, there typically is still major money at play.? Read the entire article below: https://lnkd.in/emQGveYt
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What causes verdicts to go nuclear? This podcast sheds light on the pressing issue. https://hubs.li/Q02m0wL40
How runaway verdicts contribute to inflation | PropertyCasualty360
propertycasualty360.com
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What causes verdicts to go nuclear? This podcast sheds light on the pressing issue. https://hubs.li/Q02m0s7G0
How runaway verdicts contribute to inflation | PropertyCasualty360
propertycasualty360.com
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The "nuclear" verdict trend shows no signs of slowing down. Agents must consider E&S products for their traditional and small business clients, lest they be caught in harmful and expensive litigation. Learn more from Erich Bublitz in PropertyCasualty360. https://bit.ly/4eftB29
Nuclear verdicts and the importance of E&S insurance
propertycasualty360.com
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??This morning while reading through the news about Werner Enterprises facing a $100M+ verdict at the Texas Supreme Court this December due to a tragic accident that took place in 2014, it got us thinking about a few things: ?In a time of increasing "nuclear verdicts," what strategies can freight companies apply to mitigate their legal risks without compromising on safety or efficiency? ?What role should technology play in enhancing driver safety and reducing liability? What innovative solutions could have prevented this type of incident? ?How do we as an industry address the broader implications of such verdicts on smaller carriers, consumer prices, and the overall health of the supply chain? #nuclearverdicts #freightnews #truckingliability #risks #logistics
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?$125M Punitive Damages in Florida Trucking Case A Florida jury has awarded $125 million in punitive damages against the now-defunct K&N Logging LLC, stemming from a 2020 crash involving the company's driver. Despite the company having no assets and no longer being in operation, the jury's decision underscores the growing trend of "nuclear" verdicts in the trucking industry. The case also highlights the importance of thorough driver vetting and training. This verdict serves as a reminder of the high stakes in the trucking industry and the significant impact of legal outcomes on businesses—whether or not they’re still operating. What are your thoughts on this case and its implications for the industry? Let’s discuss in the comments. #TruckingIndustry #LegalNews #NuclearVerdict #TruckingSafety #BusinessRisk??
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