Donate
Email Password
Not a member? Sign Up   Forgot password?
Business and Economics Education Environment Health Care California
Home
About PRI
My PRI
Contact
Search
Policy Research Areas
Events
Publications
Press Room
PRI Blog
Jobs Internships
Scholars
Staff
Book Store
Policy Cast
Upcoming Events
WSJ's Stephen Moore Book Signing Luncheon-Rescheduled for December 17
12.17.2012 12:00:00 PM
Who's the Fairest of Them All?: The Truth About Opportunity, ... 
More

Recent Events
Victor Davis Hanson Orange County Luncheon December 5, 2012
12.5.2012 12:00:00 PM

Post Election: A Roadmap for America's Future

 More

Post Election Analysis with George F. Will & Special Award Presentation to Sal Khan of the Khan Academy
11.9.2012 6:00:00 PM

Pacific Research Institute Annual Gala Dinner

 More

Reading Law: The Interpretation of Legal Texts
10.19.2012 5:00:00 PM
Author Book Signing and Reception with U.S. Supreme Court Justice ... More

Opinion Journal Federation
Town Hall silver partner
Lawsuit abuse victims project
Press Archive
E-mail Print Time for legal reform
PRI in the News
By: Ken Weaver
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.

Our legal system is out of control and in desperate need of reform. Even if this frivolous lawsuit is dismissed, this small family business will have spent thousands of dollars for legal expenses. According to data from the Pacific Research Institute, litigation costs the American economy $865 billion per year; that's 6.6 percent of our total gross domestic product. Please understand that American economy means you and me. We pay for it every day because of prices inflated to defend against these predatory lawsuits.

If you restrict the flow of money to the trial bar, the lawsuit industry will start to shrivel. But this will only occur if the voters make it an issue. Since a substantial number of elected officials are trial lawyers, only a clarion call from the electorate can bring about change.

After all, a lawyer/judge with $65 million pants is just too big for his britches.

Ken Weaver,
Fort Collins

 


Related Link
Submit to: 
Submit to: Digg Submit to: Del.icio.us Submit to: Facebook Submit to: StumbleUpon Submit to: Newsvine Submit to: Reddit
Within Press
Browse by
Recent Publications
Press Archive
Powered by eResources