3 ms·
Wouldn't a company like J&J have lawyers on retainer? If so, then their salary is already factored into their baseline annual costs.
by delecti 4y ago
Wouldn't a company like J&J have lawyers on retainer? If so, then their salary is already factored into their baseline annual costs.
- SoftTalker 4y agoThey would likely engage outside counsel for something like this.
- cma 4y agoIsn't the biggest lawyer payout likely going to the plaintiffs' laywers?
- celestialcheese 4y ago> An annual filing with the SEC shows that J&J paid $7.4 billion in litigation expenses between 2020 and 2021, with the majority spent on legal costs related to talc claims. https://njbiz.com/jj-offers-8-9b-to-settle-claims-talc-products-caused-cancer/ https://njbiz.com/jj-offers-8-9b-to-settle-claims-talc-produ... This is in addition to the settlement deal discussed here.