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Unmasking the Mega-Millions: Inside the Revolutionary Changes in Mass Torts Litigation and Settlements

Unmasking the Mega-Millions: Inside the Revolutionary Changes in Mass Torts Litigation and Settlements

The mass tort litigation sector, once niche, has expanded into a multi-million dollar industry due to increased corporate negligence and harmful products. The growth is fueled by trends like class action suits, increased third-party litigation funding, and the rising legal tech industry. The traditionally tech-shy law sector is embracing new solutions, including Multidistrict Litigation (MDL) for efficient case aggregation, and legal tech platforms for case management. AI and machine learning improve data handling and prediction of outcomes, enabling resource optimization. This growth has sparked ethical debates around settlement distribution, demanding ongoing oversight and reform.

Full article here: https://lawsuithelpdesk.com/unmasking-the-mega-millions-inside-the-revolutionary-changes-in-mass-torts-litigation-and-settlements/

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