In yesterday’s post, we described a scenario involving a simple traffic accident, asking you to estimate the average exposure at trial.

 

 

What is the average exposure at trial in this case, based on your counsel’s estimates of these various possible outcomes?

  1. $1.4 million
  2. $3.3 million
  3. $5.5 million
  4. $8.1 million

Continue Reading How to Value Important Cases: Magnitude Has the Answer

Legal success is driven by the correct perception of risk. Plaintiffs don’t want to leave emptyhanded, and defendants don’t want to pay more than necessary. Sometimes the facts favor only one side, but most of the time a party’s legal risks fall on a spectrum between these extremes.

Managing that spectrum effectively is critical. But when cases get complex, even great lawyers have a hard time placing values on them. We have a solution to this: MagnitudeSM, our new artificial intelligence tool that takes the good advice of your preferred lawyers about the merits of a claim and translates it into dollars. Continue Reading How to Value Important Cases: Introducing Magnitude

Recently, we wrote about how the impending presidential election might affect the U.S. Consumer Product Safety Commission (CPSC), and specifically what might happen with the Commission’s current vacancy and the two more (at least[1]) that will arise during the next presidential term. Now we’ll take a look at how the upcoming congressional elections may also affect the CPSC and the companies it regulates. Continue Reading Safety on the Hill: Prospects for CPSC Overhaul in the 117th Congress

In a decision with potentially far-reaching consequences for class actions, a divided panel of the U.S. Court of Appeals for the Eleventh Circuit held that the ubiquitous practice of awarding a class representative an “incentive” payment as part of a class action settlement is impermissible. Johnson v. NPAS Solutions, Inc., No. 18-12344, ___ F.3d ____, 2020 WL 5553312 (11th Cir. Sept. 17, 2020). Continue Reading Eleventh Circuit Rules That Class Representative Incentive Awards Are Impermissible

In this two-part series, we take a close look at the uncertainties facing the U.S Consumer Product Safety Commission (CPSC). This post examines how the ongoing difficulties in confirming CPSC nominees creates an existential threat for the agency, and we look at the game plans a President Biden or re-elected President Trump could use to overcome those difficulties and keep the lights on at the CPSC. Our first post analyzed the difficulties facing nominees.

Continue Reading Lingering Uncertainties Facing the CPSC: Election Contingency Plans

From apparel companies that have shifted from making clothing to making face masks, to distilleries and breweries that are now producing hand sanitizer, to consumer goods and auto makers manufacturing ventilators and respirators, manufacturers nationwide have shifted their production lines to meet what consumers need during the COVID-19 pandemic. Continue Reading Retooling in the Midst of COVID-19: Statutory Protections for Manufacturers

In this two-part series, we take a close look at the uncertainties facing the U.S Consumer Product Safety Commission (CPSC). This post analyzes the difficulties surrounding President Trump’s current CPSC nominee and discusses how the agency would be effective if confirmations remain elusive. In post 2, we will examine how the November election might affect the odds of a confirmation next year – and the risks to the agency if the post remains unfilled. Continue Reading Lingering Uncertainties Facing the CPSC: If Not Beck, Then Who?

Many companies were caught off-guard in the spring when diagnoses of COVID-19 multiplied rapidly and forced businesses to close or drastically change their policies with little warning. Now companies that have reopened must prepare for the future. As we have seen in recent weeks, resurgences may occur at any time in different parts of the country. And epidemiologists have warned about a potential second wave of infections in the fall. Continue Reading Reopening and Readjusting: Preparing for a Diagnosis or Resurgence in the Coming Months

In our last post, we discussed policy changes and new procedures that companies should consider as they reopen amid the COVID-19 pandemic, particularly given the increase in cases in many parts of the country. But companies cannot change policies in a vacuum: they must clearly and effectively communicate these changes to employees, customers, and the public. Clear, written policies will be ineffective if they are not communicated effectively. Continue Reading Reopening and Readjusting: Communicating COVID-19 Policies to All Stakeholders

Business closures have been immensely difficult for companies of all sizes during the COVID-19 pandemic. But reopening is proving difficult, too, especially given the ever-changing nature of the pandemic. As cases have surged in recent weeks in new parts of the country, businesses have been forced to reassess their operational plans in both the near- and long-term. Owners and executives are paying close attention both to customer and employee safety. And businesses must be mindful of potential legal ramifications of their decisions. Continue Reading Reopening and Readjusting: What Businesses Should Be Thinking About