press room download software about jvr home jvr store
navbar
Submit your PI case Submit your EP Case Contact Us Welcome to LRP Press Room Expert Witness About JVR VerdictFinder JVR Store Case Evaluation

JVR NEWS RELEASE

747 Dresher Road • P.O. Box 980 • Horsham, PA 19044-0980
215-784-0941 • Fax 215-784-9639
FOR RELEASE:
August 12, 2005
l   CONTACT:
Julie Kline: 561-622-6520 x8723 e-mail: jkline@lrp.com


Jury Verdict Research® Releases Products Liability Study:
Analysis shows that Transportation Products cases result
in the largest percentage of awards over $1 million

Palm Beach Gardens, Fla. -- Statistics covering verdicts rendered nationwide from April 1995 to April 2005 show that 59% of the plaintiff awards in product liability cases involving transportation products exceed $1 million, according to Jury Verdict Research®'s latest study, Product Liability Claims: An Overview of Jury Awards and Settlements. Additionally, the study shows that plaintiffs received an overall products liability median award of $1 million with the odds of receiving a favorable verdict at 46 percent.

This study additionally analyzes three separate categories of products liability including, Industrial, Construction, Commercial, & Farm Products Liability, Transportation Products Liability, and Consumer & Medical Products Liability. The percentage of awards surpassing the $1 million mark in these categories are outlined in the table below.


The study further delves into several specific liabilities within these three general categories, such as asbestos-containing products, tires, and drugs and vaccines. It includes charts and graphs for quick references to important Products Liability award data.

Based on a database of more than 250,000 nationwide personal-injury plaintiff and defense verdicts and settlements, the Products Liability booklet also includes:

  • Plaintiff Recovery Probabilities by specific liabilities
  • Distribution tables to show ranges of awards
  • Compensatory award data by specific liabilities
  • Noteworthy case summaries for both verdicts and settlements
  • Subcategory breakdowns of awards of $1 million or more

Copies of Product Liability Claims: An Overview of Jury Awards and Settlements are available from Jury Verdict Research® for $XX plus $XX shipping/handling. To order or for more information call 1-800-341-7874; visit www.JuryVerdictResearch.com; or e-mail e-mail protected from spam bots.

Jury Verdict Research® maintains the only nationwide database of more than 250,000 plaintiff and defense verdicts and settlements, resulting from personal injury claims. The data are reported, tabulated and analyzed to determine values, trends and deviations for 400 injuries and 300 liabilities. Jury Verdict Research® is a division of LRP Publications, Inc.


###

MEDIA ONLY: For a free media-review copy of the pamphlet, call Julie Kline at
561-622-6520, ext. 8723, or e-mail jkline@lrp.com.