The National Law Journal: Top Verdicts, Punitive Damages Fall In 2005

Wednesday, February 22nd, 2006 Litigation

The National Law Journal reported that the total amount awarded by juries last year in the nation’s largest cases declined for the third consecutive year. Based on analysis of the VerdictSearch Top 100, a ranking of the largest jury verdicts in 2005, the NLJ reveals that juries awarded just $8.2 billion in compensatory and punitive damages in these cases last year, the lowest total since the newspaper began tracking these verdicts in 2001 and a decline of 28 percent from last year’s total.

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http://www.insurancejournal.com/news/national/2006/02/21/65639.htm

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