|
|
Business & Economics PRESS ROOM |
|
|
|
Civil justice costs condemned
Submitted by Eric Velasco on 5.14.2007
Alabama is one of the prime offenders in a U.S. civil litigation system that costs $865 billion per year, 75 percent of which is wasted, two new studies say.
Director of study defends work
Submitted by Lawrence J. McQuillan, Ph.D on 5.14.2007
Trial lawyer Ralph Cook described our study on the American tort system as "unfounded," "misleading," and "downright false" ("'Tort tax' argument groundless," May 2).
Trial lawyers block tort reform
Submitted on 5.8.2007
According to the U.S. Chamber of Commerce, America’s civil justice system extracted $261 billion dollars from our economy in 2005, the equivalent of an 8 percent tax on wages. While Pennsylvania does not have the worst climate for business and medical care in the country, it is heading in that direction at an alarming rate. The root cause of these twin dilemmas can be summed up in three words, unbridled trial attorneys. This lobby makes Big Oil and Big Pharma look like pikers.
Time for legal reform
Submitted by Ken Weaver on 5.7.2007
How much is a pair of pants worth? How about $65 million? This example of the abuse in our legal system is provided by a Washington, D.C., lawyer (actually an administrative law judge by the name of Roy Pearson) who filed a $65 million lawsuit against a small dry cleaning business because they lost a pair of his pants. The civil trial is set for June.
Medical liability still causes problems for Michigan and America
Submitted by Lawrence J. McQuillan, Ph.D on 5.4.2007
A report released earlier this month by the Michigan Medical Physician Coalition estimates that in three years the state will have a shortage of up to 6,000 critically needed doctors. Among the causes of this shortage are costs associated with medical liability.
'Tort tax' harms business
Submitted by Lewis Fuller on 5.3.2007
Wealthy personal injury lawyers are whipping around like a dying snake because of a study by the respected Pacific Research Institute that proves Americans are footing an annual "tort tax" in the hundreds of billions of dollars. That is billions.
'Tort tax' argument groundless
Submitted by Ralph Cook on 5.2.2007
I suppose it was in the spirit of April Fool's Day that a "study" was released last month claiming civil justice attorneys and personal injury cases cost the United States $865 billion a year via a so-called tort tax.
|
|
|
 |
