Among the largest verdicts last year, intellectual property cases nearly tripled in value compared with 2010. The result was due in large part to a trade secrets case that ended in a $2.3 billion verdict against a former employee who fled to China and didn’t show up for trial. But even without that case, IP verdicts would have spiked by 24 percent to more than $3 billion.
That was one notable finding of the Top 100 Verdicts of 2011 compiled by VerdictSearch, an affiliate of Corporate Counsel and the Daily Report. According to reports from attorneys, reporting by ALM Media publications, and VerdictSearch‘s own surveys of the nation’s courts, other areas that increased substantially last year were medical malpractice and fraud verdicts.
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