In response to the fusillade of abuse it got from trial lawyers and their allies over its Dec. 15 cover story “Lawsuit Hell” (see Dec. 8, Dec. 12, Dec. 15), Newsweek has now published (Jan. 12 issue) a short editor’s note (reprinted at end of this post) standing by its reporting as “both accurate and fair”. (More later today on this.)
ATLA, Public Citizen et al. had complained loudly about how the magazine reported a jury award against Stanford University’s hospital as being $70 million while supposedly concealing from readers that the “present value” of this future stream of outlays was only $8 million. Newsweek’s editors respond effectively to this charge, but we will add one further point to what they say, namely that other major press outlets likewise reported the (accurate) $70 million figure at the time of the Stanford verdict. ATLA would have looked rather silly had it made clear that its complaint was about the magazine’s having followed the lead of the AP, the San Jose Mercury News, and the Recorder (PDF reprint) on this point. More: Lawyers’ Weekly USA now trumpets the Stanford case under the $71 million banner as one of its “Top Ten Jury Verdicts of 2003“.
Newsweek’s editorial note follows: