Corporate America and trial lawyers are anxiously awaiting a decision from the U.S. Supreme Court, which has agreed to hear an appeal in a discrimination lawsuit case involving thousands of women seeking class-action status against Wal-Mart.

“This is very important to both of them,” said Robert Hartwig, president of the Insurance Information Institute. “This could be a dream come true for trial lawyers.”

Gerald L. Maatman Jr., a partner and co-chair of the class-action defense group at Seyfarth Shaw, said the Supreme Court’s ruling “may change the workplace class-action landscape permanently.”

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