Data-driven Risk Assessments Mitigate the Risk of Nuclear Verdicts

In its just released white paper, “Navigating the Growing Risk of Large and Nuclear Verdicts,” the Maron Marvel law firm makes a compelling case for proactive risk mitigation that includes data-driven insights, continuous risk evaluations, and proactive settlements. The paper was spawned from the discussion among 35 invitees to the firm’s most recent annual litigation roundtable, identifying these strategies to address the growing risk of extreme compensatory and punitive damages verdicts. While the examples of nuclear verdicts in the white paper relate to personal injury litigation generally, they are also impacting asbestos litigation specifically.

It’s worth noting that even though the paper presents the defense perspective, it points out the plaintiff side can also adopt strategies to identify early opportunities to resolve cases and mitigate the risk of over valuing claims within the fog of litigation that can incur costs to their clients and practices. We agree.

Q Risk Analytics is a cloud-based application for early risk evaluation of asbestos and talc claims.
The Q Risk Analytics Platform provides users with the ability to access information about risk and value in cases by inputting basic case information. Users can quickly review analysis for cases utilizing the customizable risk calculator powered by built-in proprietary rules, decision analysis, and integrated jurisdictional rules and verdicts database. Knowledge is power and updated, customized risk analysis provides users with exactly what they need to gain leverage in asbestos and talc cases.

To learn more, and to qualify for free early access to our next software release, visit us at https://www.qriskanalytics.com or contact us at info@qriskanalytics.com .

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