Manufacturers and distributors of products containing asbestos, as well as the contracting firms whose tradesmen worked with materials containing the now-known carcinogen, may be at financial risk more than previously thought. The original financial risk models that...
In our prior post, we shared how data analytics can help mass tort law firms develop wider claimant pools—either from overlooked populations or by identifying potential claimants in new cases. Using data can also help reduce outreach costs by providing efficiencies in...
Data science is being applied across many industries and professional fields, including the law. In the case of mass torts, data provide valuable insights that guide mass tort attorneys’ decision-making in ways that build practices and streamline workflow. In this...
The situation: A representative from the executive steering committee for an MDL involving a surgically implanted medical device needed to uniformly and efficiently evaluate and score data provided by myriad law firms. These firms represented a very large number of...
Mass tort litigation is highly complex, with unique considerations to be taken into account when determining case-relevant data, creating applicable predictive models, and negotiating and determining settlement amounts. In fact, the crux of the role of data in...
The Sackler family is now sending signals that they are interested in a global settlement of the more than 2,000 opioid lawsuits pending against Purdue Pharma as a way to “to get the monies to the communities that need them”. The states and municipalities who brought...
[vc_row][vc_column][vc_column_text]Settlement negotiations in complex litigation take time, persistence and ultimately, leverage—the kind that comes from good data. In fact, data has significantly changed the way settlements are being negotiated in class action and...
Data science techniques enable us to tell powerful stories regarding mass tort claimants. But given the proliferation of data everywhere, quality analysis is critical in mass tort cases and claims adjudication. Data scientists must collect and use the right data and...
The asbestos litigation that began in the 1980's and continues to this day is the original mass tort. We should know, because we have been involved since the early days. Verus’ founders were pioneers of the original mass tort -- they helped design some of the...
The art of negotiating claim settlements in complex medical and exposure-related cases has been discussed by many parties in the Insurance and legal communities over many years. My experience in handling and negotiating asbestos claims on behalf of over 50 defendants...
