Why Lawyers Love Jackpot Talc Litigation - WSJ

The National Cancer Institute reviewed multiple studies of talc use among women and incidence of ovarian cancer and concluded: “The weight of evidence does not support an association between perineal talc exposure and an increased risk of ovarian cancer.”

Yet the claims keep coming, and J&J has to deal with them. Bankruptcy law is meant to preserve some value for stakeholders in distressed companies. The lawyers may have to look elsewhere for their next payday, but this is another lesson about how the trial bar’s incentive is to spin the roulette wheel for a big jury award, even if that isn’t in the interest of the claimants.

via www.wsj.com