Businesspeople often complain about the ever-increasing number of liability lawsuits, “blaming greedy trial lawyers and activist judges for the skyrocketing cost of litigation in the US.” But recent research puts the real blame elsewhere.
An article in Chief Executive Magazine explores the perverse and self-reinforcing incentives that have created a tort liability industry. The answer lies in “following the coffers” Take a few minutes to understand “What’s Really Behind America’s Tidal Wave of Lawsuits.”