10. Allocation Methodologies
Participating in a Mass Tort Settlement
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10m
10/12 - To accommodate for the uniqueness of each plaintiff’s injuries and damages, typically an “Allocation” or “Compensation” methodology is created, and a Special Master is typically appointed to apply that Methodology. In this program we will discuss how individual settlement amounts are determined and introduce the methodologies utilized to do so.
The presenter and writer of the program, Matt Garretson, has spent 25 years of his life helping to design and administer large scale settlement programs, such as the World Trade Center First Responders, the BP Oil Spill, several Sexual Abuse settlements involving universities and religious organization and dozens of settlements involving pharmaceuticals and medical devices. He is the author of the textbook titled, “Negotiating and Settling Tort Cases,” that lays out how settlement programs should operate.
Up Next in Participating in a Mass Tort Settlement
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11. Types of Allocation Methodology S...
11/12 - In the previous video we also introduced the concept that there are typically two types of Allocation Methodology systems. The first being a “grid” or “matrix” and the second being a “point system”. Let’s dive into each of these systems.
The presenter and writer of the program, Matt Ga...
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12. Typical Mass Tort Settlement Time...
12/12 - Finally, we move into the question that is probably the most important one: How long will it take? In this program we walk through the settlement process timeline and what can be expected.
The presenter and writer of the program, Matt Garretson, has spent 25 years of his life helping t...
