NERA Vice President Dr. Stephanie Plancich participated in a two-hour Knowledge Group webcast on 29 September 2014 that addressed the latest issues and developments in the area of product liability. The webcast covered a number of timely topics, including reporting requirements, recent penalties, trends in component part supplier cases, the use of consolidated proceedings to manage federal and state product liability litigation, and the rising tide of innovator liability for brand-name pharmaceutical manufacturers. Dr. Plancich provided an overview of recent product liability class settlements, and shared her expertise on the use of economics and statistics to estimate potential damages in product liability and mass tort cases.