“Under the 'deep pockets' theory favored by many juries, bigcompanies end up subsidizing consumers and lawyers.”
—Barbara Hackman Franklin, former U.S. Secretary of Commerce(1992)
Can anyone recall the Latin maxim for the legal principal ofprofundus marsupium? Probably not because I just inventedthe term using a Latin translator. It roughly converts to “deep”(profundus) “pockets” (marsupium.) For a largeinsurance carrier, the perception of having “deep pockets” is acommon concern, and based on some trials, it seems there are lawschools aggressively teaching a form of profundusmarsupium.
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