The trucking industry is facing rising costs due to a growing number of jury awards exceeding $10 million, commonly known as nuclear verdicts. Plaintiff attorneys are seeing greater success by using more aggressive tactics, leveraging jurors’ emotions, expanding advertising and applying best practices learned from prior trials — all of which are contributing to the rise in nuclear verdicts. In this episode of the Talking Transports podcast, Robyn Kazatsky, a partner at Lock Gordon Law Group, joins Lee Klaskow, Bloomberg Intelligence’s senior transportation and logistics analyst, to share her insights about how these verdicts are affecting the industry. Kazatsky also discusses third-party litigation funding, the push for tort reform, strategies trucking companies can use to mitigate risk, and how the impact of nuclear verdicts extends well beyond the companies directly involved.

<p>The trucking industry is facing rising costs due to a growing number of jury awards exceeding $10 million, commonly known as nuclear verdicts. Plaintiff attorneys are seeing greater success by using more aggressive tactics, leveraging jurors&rsquo; emotions, expanding advertising and applying best practices learned from prior trials &mdash; all of which are contributing to the rise in nuclear verdicts. In this episode of the Talking Transports podcast, Robyn Kazatsky, a partner at Lock Gordon Law Group, joins Lee Klaskow, Bloomberg Intelligence&rsquo;s senior transportation and logistics analyst, to share her insights about how these verdicts are affecting the industry. Kazatsky also discusses third-party litigation funding, the push for tort reform, strategies trucking companies can use to mitigate risk, and how the impact of nuclear verdicts extends well beyond the companies directly involved.</p>

Talking Transports by Bloomberg Intelligence features forwarding thinking conversations with analysts, executives and entrepreneurs that are shaping the future of the freight transportation industry. The focus will be on trucking, railroads, ocean and air freight markets and everything in between.

<p>Talking Transports by Bloomberg Intelligence features forwarding thinking conversations with analysts, executives and entrepreneurs that are shaping the future of the freight transportation industry. The focus will be on trucking, railroads, ocean and air freight markets and everything in between.</p>

Talking Transports

Kazatsky on Nuclear Verdicts Hit on Trucking

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dce19189-3916-44ef-b88b-b31e00ea8c78/transcript

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