Liability forecasting plays an important role in mass tort settlements. One effect of the four-decades-long asbestos litigation is that defendants in mass tort cases often create large settlement trusts through which they compensate current and future claimants for...
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Leveraging Data to Negotiate Stronger Mass Tort Settlements
As with the other cases they litigate, plaintiffs’ attorneys will enter mass tort settlement negotiations in a case determined to secure maximum compensation for their injured clients. But mass tort cases, for a number of reasons, are more complex to litigate and...
High Reliability Organizations and Law Firms
High Reliability Organizations (“HRO”) are institutions that operate in complex, hazardous environments, making few mistakes (i.e., medical errors, air traffic errors) over long periods of time. HROs have existed since the 1980s in the aircraft carrier, air traffic...