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Claim filing rates in product liability cases are a function of economic and behavioral factors. For example, filing rates increase with higher claim values and decrease when individuals believe they bear some of the blame for the injury. The litigation environment will affect these factors, and hence, a plaintiff’s decision to bring a claim, the jurisdiction within which a claim is filed, and the value of claims filed.
NERA's experts track changes in the mass torts litigation
environment both nationally and by state. We have observed that past
tort reforms have affected filings rates (e.g., the barring of
out-of-state claims in Mississippi led to a drop in in-state filings);
and conversely, that high levels of claim filings can lead to tort
reforms.
In forecasting claims or liabilities, our experts incorporate
information on changes in the litigation environment, such as tort
reform, to forecast how such reforms will affect filings rates or
settlement dollars.
Name | Title | Location | Phone | |
---|---|---|---|---|
Lucy P. Allen | Senior Managing Director | New York City | +1 212 345 5913 | lucy.allen@nera.com |
Dr. Denise Neumann Martin | Senior Managing Director | Miami | +1 305 808 7880 | denise.martin@nera.com |
Dr. Faten Sabry |
Senior Managing Director
Chair of NERA's Global Securities and Finance Practice Bankruptcy Practice Chair |
New York City
London |
+1 212 345 3285
+44 20 7659 8618 |
faten.sabry@nera.com |
Mary Elizabeth C. Stern | Managing Director | White Plains, NY | +1 914 448 4054 | mary.elizabeth.stern@nera.com |
Janeen McIntosh | Senior Consultant | New York City | +1 212 345 1375 | janeen.mcintosh@nera.com |
Title | Type | Author | ||
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Snapshot of Recent Trends in Asbestos Litigation: 2022 Update | White Paper | Mary Elizabeth Stern and Lucy Allen | ||
Snapshot of Recent Trends in Asbestos Litigation 2021 Update | Mary Elizabeth C. Stern and Lucy P. Allen | |||
The Role of Punitive Damages in Asbestos Litigation | Published Article | Faten Sabry and Sungi Lee, et al. | ||
Snapshot of Recent Trends in Asbestos Litigation: 2020 Update | Report | Mary Elizabeth C. Stern and Lucy P. Allen | ||
Hey Google: When Did People Stop Going to Work? | White Paper | Dr. Faten Sabry, Linh Nguyen, and Aakash Bhalothia | ||
Snapshot of Recent Trends in Asbestos Litigation: 2018 Update | White Paper | Mary Elizabeth C. Stern and Lucy P. Allen | ||
Snapshot of Recent Trends in Asbestos Litigation: 2017 Update | Report | Mary Elizabeth C. Stern and Lucy P. Allen | ||
Asbestos: Economic Assessment of Bans and Declining Production and Consumption | Report | Lucy P. Allen, Mary Elizabeth C. Stern, Jorge Baez, and Frank George | ||
Institutional Response to Tort System Breakdown: Asbestos Enters a New Phase | Working Paper | By Dr. Faten Sabry and Mary Elizabeth Stern with former NERA Senior Vice President Dr. Fred Dunbar | ||
Costs of Asbestos Litigation and Benefits of Reform | Study | Dr. Denise Martin, Dr. Faten Sabry, and Dr. Stephanie Plancich et al. | ||
Title | Date | |||
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Asbestos Litigation Risks: How Recent Changes in Asbestos Landscape May Affect Your R... | 14 March 2019 | |||
2017 Women in Litigation Joint Conference | 15 November 2017 | |||
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Title | Date | Type | ||
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NERA Economic Consulting Announces Senior-Level Promotions | 28 July 2022 | Press Release | ||
NERA Experts Promoted to Managing Director and Director | 15 February 2022 | Press Release | ||
NERA Economic Consulting Announces Senior-Level Promotions | 23 February 2021 | Press Release | ||
NERA Economic Consulting Opens Office in Miami, Florida | 14 November 2017 | Press Release | ||
NERA Economic Consulting Recognized in Who’s Who Legal: Consulting Experts Guide | 06 October 2016 | Press Release | ||
Lucy P. Allen Named Chair of NERA's Mass Torts and Product Liability Group | 14 December 2007 | Press Release | ||
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