The plaintiffs intend to file a bad-faith suit in the case after their insurance company repeatedly refused to tender its policy until shortly before trial.
In this week's Legal Speak episode, James Whittle with the American Property Casualty Insurance Association dives into the impact of what the organization has dubbed "legal system abuse" as social inflation—the belief that large corporations are "bad actors with deep pockets"—helps fuel "nuclear" verdicts.
During the first week of testimony in the trial, which began Jan. 8, a series of current and former Davis Polk professional development employees introduced jurors to the concept of a "time to go" conversation, in which associates are told they need to find a new job but are not fired on the spot.