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...
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 (“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...
Verus, LLC welcomes Rachel Anderson to its team as Senior Director of Operations for Settlement Administration. Rachel is a leader in her field when it comes to handling settlement administration projects. In her new role, Rachel will oversee Verus’ Settlement...
Knut Fenner Joins Verus, LLC as New Chief Operating Officer On June 5, 2023, Knut Fenner joined Verus, LLC as its new Chief Operating Officer. In this role he will be responsible for all operational functions of the company. "I am very excited to announce his addition...
We recently explained how mass tort law firms can fix their claimant engagement struggles by taking a relationship-based approach to the process. In that post, we suggested firms can avoid these struggles by regularly and proactively communicating with their clients...
In mass tort litigation and other complex, multi-party litigation, Qualified Settlement Funds (QSFs) are often used to collect and house settlement proceeds from settling defendants while allocations, financial planning, and lien resolution for the settling plaintiffs...
On May 1, 2023, Sara Leineek joined Verus, LLC as the new Senior Director of Operations. Sara brings an entrepreneurial mindset and energy. With over 10 years of operations experience, Sara uses her skills in Six Sigma, data analysis, and change management to identify...
Among the areas at their firms most ripe for improvement, we’d bet most mass tort lawyers would have “claimant engagement” near the top of the list. As established mass tort law firms know, and as new mass tort firms quickly find out, engaging with claimants can be a...
Discover how Verus’ comprehensive data analytics services can deliver your plaintiff law firm powerful settlement negotiation leverage for mass torts and other complex litigation. Defendants often have the upper hand in settlement negotiations. Well-funded...
