LITIGATION TRENDS 2025 | 105 T O C E M P E S G A N T I I P C A P R O W C S P O R T C O N T A C T I N T A P P P A T C C L S E C attorneys from bringing in a parade of evidence unrelated to the alleged claims, reducing statute of limitations periods for certain claims, and capping damages to figures that can reasonable be supported by reliable data. For example, in 2023, Florida began outlawing inflated medical bills at trial by providing guidelines for medical expense calculations and reducing the statute of limitations for filing negligence lawsuits. Similarly, in 2023, the Montana government, in an effort to bring transparency to secretive third party litigation funding, began requiring all third-party litigation financiers to register with the state and disclose third-party financing contracts to all parties to a dispute. Additionally, a growing number of states now have statutory damages caps, which vary starkly by state and may include caps on noneconomic damages, punitive damages, or both. While state governments are taking steps to combat the rise in nuclear verdicts, it is unclear when there will be extensive tort reform to align plaintiffs’ compensation with their resulting injuries. Thus, businesses must continue to responsibly monitor changing industry standards to manage their risks. E M P Product Liability 104 | Weil, Gotshal & Manges LLP
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