Richard Arsenault has been recognized as one of America’s 50 Most Influential Trial Lawyers by Trial Lawyer Magazine. He has participated in over 25 multidistrict litigation proceedings and currently serves as Co-Lead Counsel in the Actos MDL where a jury rendered a historic $9 billion dollar punitive damage verdict which has been reported as one of the nation’s largest personal injury verdicts. He subsequently served on the Actos MDL team that negotiated a $2.4 billion dollar settlement which is the largest single mass tort settlement for a drug that is still on the market. In the Pinnacle MDL pending in Dallas federal court where Richard serves on the Executive Committee, he was part of the Trial Team that secured a $502 million dollar jury verdict against Johnson & Johnson and DePuy, after an 11 week trial. Richard was nominated for the 2015 Trial Lawyer of the Year Award by the Public Justice Foundation and also selected as a 2015 member of the Nation’s Top One Percent by the National Association of Distinguished Counsel. The National Trial Lawyers recognized Richard as the 2014 Trial Lawyer of the Year Civil Plaintiff Finalist.
The New York Times has referred to Arsenault as a “big player” in the legal community. The Wall Street Journal has described him as having “national notoriety” and as a “big gun” among attorneys in competition for national leadership roles. Business Week has referred to him as “a Dean of the Louisiana tort bar”, USA Today featured him as a member of the “Legal Elite” and the New Orleans Times Picayune has referred to him as “an authority on class actions.”
Richard has over 300 articles and presentations to his credit and has authored many Law Review articles including one published in Federal Courts Law Review. Among other writings, he co-authored the chapter on Multidistrict Litigation in an ABA treatise. Richard was also asked by Judge Heyburn, JPML Chair, to participate in the Panel’s “Multidistrict Litigation Study Project”. He has personally participated in negotiating over $3.5 billion in complex litigation settlements in the last five years.