Ever-larger product failures, increasing regulatory actions, and a more aggressive plaintiffs bar are the main contributors to the skyrocketing magnitude of potential exposure. Paradoxically, the number of companies with ongoing Class Action cases dropped to 53.8% in 2016, down from 60.6% in 2015. This means that each individual case is…

Product liability litigation is one of the most competitive sectors. New technology, embedded technology, global supply chain issues, and increasing regulation, are causing more product liability cases. Despite the focus on increased due diligence, legal decision makers have not been able to contain the increase in these cases. The number…