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: Settlements
info > News
Jury Verdict Research Releases Medical
Malpractice Study:
(PRWEB) July 11, 2005 -- Plaintiff awards for medical
malpractice cases are on the rise, according to Jury Verdict
Research®’s latest, Medical Malpractice: Verdicts,
Settlements and Statistical Analysis Updated Edition.
Plaintiffs received a median malpractice award of $1.2
million in 2003, up from $1 million in 2002.
| Plaintiff awards for medical malpractice
cases are on the rise. |
“Even though we’re showing the median medical
malpractice award is a bit higher in 2003, we are still
showing that the odds of a plaintiff receiving a favorable
verdict are relatively low,” said Jennifer Shannon,
Jury Verdict Research® managing editor. The new study
reports that plaintiffs have a 36 percent chance of receiving
a favorable verdict.
Plaintiff Recovery Probabilities, Medical Malpractice.
Year - Recovery Probability
1997 - 35%
1998 - 33%
1999 - 36%
2000 - 36%
2001 - 38%
2002 - 37%
2003 - 36%
Overall - 36%
Since 1997, the award median for medical malpractice cases
has been increasing, except for a small decrease in 2001,
and the trend continues through 2003. The median award
for meidical malpractce, overall from 1997 through 2003,
is $753,901. The award median reflects the middle value
of awards listed in ascending order, so it provides the
most accurate gauge of nationwide trends.
This study also reports on the median awards and settlement
amounts for specific liabilities within the meidical malprctice
category, such as childbirth and negligent surgery, as
well as specific injuries for medica malpractic awards.
It includes charts and graphs for quick references to
important medical malpractice award data.
Based on a database of more than 250,000 nationwide personal
injury plaintiff and defense verdicts and settlements,
the booklet also includes:
- The median number of months from incident to trial date
- Punitive award data
- Complete analysis of settlement awards
- Noteworthy case summaries for both verdicts and settlements
Copies of Medical Malpractice: Verdicts, Settlements and
Statistical Analysis Updated Edition are available from
Jury Verdict Research® for $48.75 plus $5.50 shipping/handling.
To order or for more information call 1-800-341-7874;
visit www.lrp.com/medmal.html.
| In addition to its many professional
resources, LRP Publications also provides top-quality
training and educational development seminars, conferences,
and symposiums.. |
Jury Verdict Research® maintains the only nationwide
database of more than 250,000 plaintiff and defense vrdicts
and setlements, resulting from personal injury claims.
The data are reported, tabulated and analyzed to determine
values, trends and deviations for 400 injuries and 300
liabilities.
More information at: http://www.lrp.com/
News and information.
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