Each year we read of higher and higher verdicts. This phenomenon has a name: social inflation. According to Telis Demos, writing in the The Wall Street Journal, social inflation “typically refers to an upward creep in perceptions by an injured party of what they are owed, their willingness to pursue that …
On January 1, the U.S. Department of Labor’s new mandatory overtime rule went into effect, expanding overtime pay eligibility to up to 1.3 million workers. The new rule raises the salary threshold necessary to exempt executive, administrative, or professional employees from the FLSA’s minimum wage and overtime pay requirements to $35,568. Under the …
In Linthicum v. Mendakota Ins. Co., the 11th Circuit affirmed the grant of summary judgment to an insurer in the bad-faith, failure to settle context confirming that “[a]n insurer is not liable for failing to respond to a time-sensitive offer to settle for policy limits when the offer does not …
Increasingly, Georgia juries have awarded large verdicts against business owners for crimes that happen on their premises. For instance, in March, a Fulton County jury hit CVS for $43 million in a parking lot shooting case. In April, a Dekalb jury awarded $69 million in a robbery and carjacking case against Kroger. These …
This is the second part of the Disruptive Lawyer’s Searching for the Unicorn series. As we discussed last week, the insurance industry seems to be emphasizing process over people. When the process falls short, they default to the belief that effective early resolution is like finding a unicorn. But when does the …
Over the past year, I have traveled far and wide speaking on the The Disruptive Lawyer’s Little Black Book of Litigation Management. I have also attended several CE’s and symposiums on litigation management. Claims managers and company risk managers continue to complain about the same thing: “We have put processes in …