Product Liability Preventive Management

Product Liability Preventive Management
Product liability is a much bigger problem in the US than it is anywhere else in the world. The way to reduce the risk of product liability problems is through taking advance, preventive action. Product liability preventive management reviews conducted by our office are completed to assist our clients in identifying actions that they can take to limit their exposure to large product liability awards. In our view, it is just as important to engage in product liability preventive management as it is to have product liability insurance. Arguably, product liability preventive management is more important since insurance never covers punitive damages, which are the massive judgment awards related to product liability lawsuits that can jeopardize a company’s continued existence. Through engaging in product liability preventive management, the risk of punitive damages can be significantly reduced based on the fact that you will have engaged a law firm to help reduce the risk that anyone gets hurts and by providing consumers adequate warnings and instructions.
Product liability preventive management reviews include a review of any brochures; promotional materials; safety manuals; user manuals; installation instructions; operational guidelines; websites; labels; packaging; limited warranty; disclaimers; limitations of liability; material and product safety data sheets, among others. all in an effort to properly inform, instruct, and warn end-users of any risks associated with the use of the products. Our product liability preventive management reviews are based on general federal and state court product liability case law, which is binding law in the U.S. If you sell products in the U.S. and have any of the foregoing materials, contact us and we can include them in our product liability preventive management review.