2024 JVR SETTLEMENTS REPORT
Auto Collision Settlements Reach All Time High
270 TOTAL CASES
Auto Collision Cases 2024
Source: Jury Verdict Reporter
AUTO COLLISIONS WERE 20% OF ALL SETTLEMENTS
SETTLEMENTS 187
TOTAL AWARDS
MEDIAN
AVERAGE
69 % SETTLEMENTS
$949,018
$1,934,174
$361,690,533
2024
184
$652,500
$1,363,852
$250,948,727
2023
210
$324,234,265 $$500,000 $1,543,973
2022
$11,000,000 Salvi Schostok & Pritchard PC Rear End
$27,000,000 Cavanagh Sorich Law Group Head On
$19,349,576 Cli ord Law O ces Rear End
$14,500,000 Corboy & Demetrio PC Defendant Turning
$14,000,000 Spiros Law PC Motorcycle
TOP CASES
NOTABLE DEFENSE VERDICT Kazz Dawson v Mark Owens, Frozen Assets CASE NUMBER 20-L-10752 DEFENSE ATTORNEYS Eric A. Krumdick, Casey J. Hunter of Marzullo & Associates FACTS Collision between car and semitractor-trailer truck
DEFENSE VERDICTS
PLAINTIFF VERDICTS
31 % TRIALS
$1M ASK
25
58
30 % DEFENSE
None None DEMAND OFFER
Auto collision settlement totals reached a record of $362 mil- lion, despite just a 2% increase in cases. The total amount was a 44% increase over 2023’s report. Auto collision made up 16% of all settlements and the total amount was 20% of all reported this year’s JVR Settlement Re- port amount. Both the average and median auto settlement amounts increased — with the average increasing 42% from 2023 to $1.9 million and the median was up 45% to $949,000. The top auto collision settlement involved a semi-tractor- trailer that crossed the center line and collided into plaintiffs’ vehicle head on, killing them both. The case was handled by Cavanagh Sorich Law Group.
Settling an auto case outside Cook County saw significantly higher values in 2024 with the average non-Cook settlement at $2.56 million and Cook settlements averaging just $1.59 million — a 38% difference. The ratio of settlements to trials for auto collision cases re- mained constant at 69% settlements to 31% trials. The percentage of defense verdicts at trial from the last year has dropped again to 30%. This has moved closer to pre-pan- demic averages of 25% of verdicts for the defense. juryverdictreporter@lawbulletinmedia.com
96 JURY VERDICT REPORTER • 2024 ANNUAL TRIAL LAWYER EXCELLENCE AWARDS
Powered by FlippingBook