Personal Injury Resources

Consolidation in the personal injury law space.

What i've heard is that the new entity will take dead aim at the Mass tort market in an attempt to capture the assets and premium that will be created when, or if, asbestos, vioxx, celebrex, etc, start to be organized into settlements. It's an institutional strategy of "bigger is better" so that they can demonstrate they have the reach to handle a national mass tort, and in it's way is a continuation of the old defense model of capturing a source of premium, and then building out offices to handle the regional servicing of that account. The question will be whether or not trial lawyers are going to be as amenable to this strategy as the casualty companies were in the past.

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