06 Feb Product Liability Facts and Figures
If you're considering filing a product liability claim, there are some facts about these cases that you should be aware of. Product liability claims generally count for around 10% of all personal injury lawsuits. They also pay out among the highest average jury award and settlements. In fact, they only come in second to medical malpractice claims in terms of how much they typically play out in damages. Here are other things that you should know about these lawsuits.
Why They're Filed
The three main reasons that these lawsuits are filed are as follows:
- A product was advertised defectively
- A product was designed defectively
- A product was manufactured defectively
It's important to remember that anyone who flies one of these lawsuits has suffered financially or physically due to a defective product. There are, for example, product liability claims filed because someone bought a product and it didn’t perform as advertised, but they were not injured. Being put out financially because of a defective product is most certainly reason to sue.
In some cases, people actually end up suffering serious injuries due to defective products and this leads them to file a lawsuit. The severity of the injuries, not too surprisingly, tends to vary according to the products being used. Products such as drain cleaners, for instance, may cause serious burns or even blindness, while products such as Internet service may only end up performing slower than advertised, leading to a lawsuit but not causing any real physical injuries.
What About the Company?
When you're considering suing a very large company, you may well feel a bit of intimidation. This is not entirely unjustified, but it's also not necessary. A lawyer really won't care how large a company is when they're considering whether or not to pursue your claim. If your claim is valid, it's valid and large companies have the same obligations as smaller companies where keeping their customers safe and manufacturing products that perform as designed are concerned.
If you're not sure whether or not you should go ahead and file one of these lawsuits, talk to an attorney about the matter. With a free consultation, you can at least get an idea of whether or not it's worth it for you to press forward with the lawsuit. Product liability lawyers oftentimes take these claims on contingency, so they'll give you an honest assessment of whether or not they think you'll win.
RASANSKY LAW FIRM
2525 McKinnon Street
Dallas, Texas 75201
877-659-1620
1-877-659-1620
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