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Heating Up: The Implications of Social Inflation on Nuclear Jury Verdicts
In 2024, the aggregate sum of nuclear verdicts—those exceeding $10 million—reached an astonishing total of $31.3 billion. These verdicts are continuing to rise not just in number, but in size and scope. The same year recorded a record-high forty-nine thermonuclear verdicts—those exceeding $100 million—nearly double the twenty-three recorded the year before. Nuclear verdicts are increasing in prevalence across the country, leading to defense attorneys scrambling for solutions to stem the bleeding. On the flip side, plaintiff attorneys have increased both their advertisement presence and demand for jury trials, as social inflation continues to reward lengthy litigation.