Total Top Ten verdict awards for 2007 is smallest in 14 years

Lawyers USA | January 14, 2008| | Copyright

The nation's largest verdicts just keep getting smaller.

After climbing towards the stratosphere from 1997 to 2002, the largest verdicts to individual plaintiffs have been in a steady decline ever since.

The total Top Ten awards for 2007 dropped 25 percent from 2006 - which was 72 percent lower than in 2005.

To put this trend in perspective, the total of the Top Ten verdicts in 2002 was 41 times larger than the amount awarded in 2007.

But, despite the relatively low awards (can anyone really call $109 million to an individual plaintiff low?), last year's Top Ten includes several significant ...

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