“How Jurors Value Claims & Generational Differences”
Time: 12:00 pm – 01:00 pm
Sponsor: MAGNA Legal Services
CLE HOURS EARNED: 1.00 General Credit
The perception that damage awards from personal injury litigation could be seen as jurors being out of control, but a closer look inside the numbers tells another story. A review of the data demonstrates a consistency in that economic damages are correlated with non-economic; they rise and fall together based on the severity of the observed injuries. Although damage awards may at times appear subjective, the rationale adopted by most jurors follow predicable patterns. Anchors are discussed for the impact they can have on verdicts as well as the need for meaningful anchors to come from the defendants. Implications for alternative damages arguments are discussed.
Generational differences in terms of how claims are valued are reviewed, and in particular, how the growing percentage of Millennials within the jury pool may differ from other generational cohorts in their approach and decision making regarding appropriate levels of damages.