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Look Before You Leap: Five Things Attorneys Need When Establishing a Mass Tort Litigation Practice
Lately, I have seen many plaintiffs’ attorneys (and would-be plaintiffs’ attorneys) watch the explosion of mass tort litigation over the last decade from the sidelines and wonder how they can join the fray. Intrigued by complex legal and factual issues, the ability to...
Three Mass Torts Trends to Watch in 2024
Looking at mass torts trends, 2023 was the year of the bankruptcy. Large corporations facing significant mass tort liabilities like Johnson & Johnson and 3M tried unsuccessfully to resolve their liabilities using the “Texas Two-Step.” For the uninitiated, the...
Four Best Practices for Collecting Client Intake Data in Mass Torts
In mass tort cases, client intake data that plaintiffs’ firms collect is needed to understand both the strength of each of their client’s claims and the strength of their overall portfolio of claims. However, because firms that litigate mass torts often have hundreds...
Four Ways Plaintiffs’ Firms Can Prevent Common Benefit Fund Fee Disputes
Common benefit funds (CBFs) ensure fairness and equity in the distribution of legal fees and expenses in aggregate and complex litigation, including class actions, mass torts, trust and securities, and multidistrict litigations (MDLs), where the litigation is...
Effective Employee Onboarding Practices
Employers must be careful not to confuse employee onboarding with employee orientation. Onboarding involves much more than helping new hires fill out their direct deposit forms, select insurance plans, and set up their retirement account contributions. Instead,...
Verus, LLC Acquires MFR Claims Processing Inc.
Verus is pleased to announce that we have completed the acquisition of MFR Claims Processing, Inc., a PA-based asbestos claims management company. MFR Claims Processing, Inc. started operations in February 2004 as the claims handling entity for the Shook &...
Four Factors Plaintiffs Should Consider When Evaluating Loss Portfolio Transfers in Mass Tort Cases
Loss portfolio transfers are reinsurance contracts where a self-insured organization or an insurer typically cedes legacy liabilities to a reinsurer. The reinsurer assumes and accepts the ceding entity’s current and future claim liabilities, including the loss...
Four Ways the Texas Two-Step Changes How Plaintiffs Litigate Mass Torts
By enabling defendants to shield themselves from mass tort liability, the “Texas Two-Step” is a new obstacle for plaintiffs pursuing mass tort cases against manufacturers of dangerous products. For the uninitiated, the Texas Two-Step is a bankruptcy process in which a...