With Unpredictable Juries And “Outrageous Verdicts,” Opting To Settle Is Often Best Strategy

Jack McCalmon, president of The McCalmon Group Inc. in Tulsa, Okla. and partner at Titus Hillis Law Firm in Tulsa, advises risk managers to get involved early and often with their companys litigationand to lobby for settlements as the best cost-control strategy.

By Caroline McDonald | Updated on October 13, 2011

Jack McCalmon, president of The McCalmon Group Inc. in Tulsa, Okla. and partner at Titus Hillis Law Firm in Tulsa, advises risk managers to get involved early and often with their company’s litigation—and to lobby for settlements as the best cost-control strategy.

“Typically, if you’re managing for cost—which is wise because you should never bet on litigation—then you’re looking to settle as early as you can,” he advises.

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