TOP VERDICTS OF 2009
Recoveries in commercial law cases dropped off steeply from 2008.
Anyone who hoped that commercial litigation might help law firms weather the recession was surely disappointed last year, according to VerdictSearch's Top 100 Verdicts of 2009. Commercial verdicts fell from $1.4 billion in 2008 to $421 million last year. Fraud recoveries plummeted by nearly 70% to $561.3 million. Intellectual property litigation saw an increase — from $2.2 billion to $2.6 billion. But that picture was distorted by a single massive recovery: Centocor Ortho Biotech's $1.67 billion verdict against Abbott Labs.
This premium content is reserved for National Law Journal subscribers.
Continue reading by getting started with a subscription.
Already a subscriber? Log in now