The rapidly growing area of legal data analytics provides insurers and their counsel with powerful technology to use when handling litigated claims.
Legal data analytics provides unequaled insight into the behavior of courts, judges and counsel in litigated insurance cases. Analyzing data from actual cases allows insurers and their counsel improved understanding of how insurance cases are actually decided, how long cases last, and what litigation strategies have been successful.
With...
These results suggest that the participants had a reduced sense of agency over their button-pressing when they felt fear and anger. This provides some of the first evidence that going through extreme negative emotions can in fact make people feel less in control, as has often been assumed. And the fact that this effect was found using an implicit measure of agency, rather than by simply asking participants whether they felt in control, suggests that it may be happening at a fairly fundamental level.
But...
Being able to forego a reward now in favour of gaining something better later is known to be important in determining all kinds of desirable outcomes in life, including greater educational attainment, social functioning and health.
However, choosing to delay gratification won’t always be the best option. If you’re in desperate circumstances – you badly need money to buy food, for example – taking the £10 today could be sensible. But this isn’t necessarily an entirely...
While the choice might have initially deterred lawsuits, 60,000 arbitrations is “a death by a thousand cuts,” Cremins said. “The volume is impossible to deal with from an administrative and legal perspective.”
Arbitration is especially popular among so-called gig economy companies, which rely on classifying workers as independent contractors. For the drivers, that confers more flexibility, but also lacks the benefits that come with a traditional job. The result is a flood of claims that...
The past 25 years has seen a dramatic rise in the amount of divorces for those over the age of 50 and even 65. For the 50 and up group, divorce doubled; 65 and up saw the divorce rate triple. Many of them remarry, and this can cause dire consequences for their adult children.
When it comes to a second or third marriage, family dynamics may be split along bloodlines. When one spouse dies before the other, the entire estate may transfer to the other spouse, leaving the children of the first spouse...
Ryan Martins, Shannon Price and John Fabian Witt (Yale University, Law School, Students, Yale University, Law School, Students and Yale University - Law School) have posted Contract’s Revenge: The Waiver Society and the Death of Tort (Cardozo Law Review, Forthcoming) on SSRN. Here is the abstract:
A generation ago observers confidently predicted the death of contract and the triumph of tort. But contract has risen from the dead. Contracts waiving tort rights have become ubiquitous...
This chapter suggests that political systems theory allows us to make better sense of the fragmented understanding we have today of investment law in general and of investment arbitration in particular. Relying on a theory by David Easton, the chapter presents investment arbitration as a political system: one that transforms the input of key actors into output, with feedback loops from the latter to the former. This perspective, the chapter contends, helps us get a better sense of some of the system’s...