JVR Trial Excellence Awards 2024

2024 JVR SETTLEMENTS REPORT

Med-mal Settlement Amounts Reach All Time High

328 TOTAL CASES

Med-mal Cases 2024

Source: Jury Verdict Reporter

SETTLEMENTS 255

TOTAL AWARDS

MEDIAN

AVERAGE

28% OF ALL REPORTED CASES WERE SETTLED

78 % SETTLEMENTS

$1,800,000

$3,793,176

$967,234,351

2024

225

$1,000,000

$2,778.569

$625,177,914

2023

214

$384,105,786 $750,000 $1,794,887

2022

$40,000,000 Salvi Schostok & Pritchard PC Birth Injury to Child

$39,750,000 Cliord Law Oces Heart/Vascular/Blood

$30,200,000 Cliord Law Oces Failure to Diagnose

$29,000,000 Levin & Perconti Birth Injury to Child

$28,000,000 Salvi Schostok & Pritchard PC Failure to Diagnose

TOP CASES

NOTABLE DEFENSE VERDICT Shuangxue “Sue” Zhang v Dr. Craig H. Gerstein, Gerstein Eye Institute Ltd. CASE NUMBER 19-L-11919 DEFENSE ATTORNEYS Mary Kay Scott, Nicholas J. Riley of Brenner, Monroe, Scott & Anderson FACTS Incorrect lens implanted during cataract surgery

DEFENSE VERDICTS

PLAINTIFF VERDICTS

22 % TRIALS

$5.5M ASK

42

31

58 % DEFENSE

$850K None DEMAND OFFER

There were 255 medical malpractice settlements in the 2024 JVR Settlements Report with a total value of more than $967 million. The total medical malpractice amounts were 55% higher than the 2023 total of $625 million. Med-mal cases repre- sented 41% of all cases reported for the 2024 report. The average medical malpractice settlement increased 37% from $2.8 million in 2023 to $3.8 million in 2024. The top medical malpractice settlement involved the birth of a child that involved alleged errors in the cesarean section procedure resulting in catastrophic injuries and cerebral palsy and requiring constant medical care for the rest of the child’s life. The $35 million settlement was handled by Romanucci & Blandin LLC.

Cook County continued to be the jurisdiction for most medi- cal malpractice settlements with 79% of the cases and 83% of the revenue. Settling a medical malpractice case in Cook con- tinues to bring a premium with the average amount of $4 mil- lion exceeding non-Cook cases by 35% or $1 million. However, non-Cook cases in the report saw the largest total amount of $160 million was the highest since pre-pandemic numbers. The report saw a resurgence in medical malpractice trials during the reporting period with 73, which is on par with the 2019 number. Of the reported medical malpractice trials during the current reporting period, the defense win rate was 58%, simi- lar to the 59% in 2023. juryverdictreporter@lawbulletinmedia.com

JURY VERDICT REPORTER • 2024 ANNUAL TRIAL LAWYER EXCELLENCE AWARDS 35

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