Opinion

[Print]  [Email]        

Survey shows public opposes predatory lawyers

By: Examiner Editorial
-
November 22, 2008

Unemployment is growing, economic worries abound and millions of Americans wonder if they will have their jobs tomorrow morning. But amid all this distressing news, a new study shows that business is booming for predatory tort lawyers – class-action plaintiff attorneys who make millions by suing, with or without just cause. Towers Perrin has been tracking the cost of such litigation since 1950 and recently updated its data through the end of 2007. Here’s how the firm described the results: “The U.S. tort system cost $252 billion in 2007, which translates to $835 per person or $9 per person more than in 2006.” Since 1950 when Towers Perrin began its study, the growth in tort costs has out-paced growth in the nation’s Gross Domestic Product by two percent. In other words, suing companies and corporations thought to have deep pockets has for too long been a reliable way for ambitious, aggressive lawyers to get rich, almost always at the expense of shareholders, consumers and taxpayers.

But public patience with endless, costly class-action litigation is clearly growing short. The Institute for Legal Reform, which is associated with the U.S. Chamber of Commerce, surveyed a representative national sample of 800 adults (with a 3.46 percent +/- margin of error) on election day, asking them a series questions about how favorably or unfavorably they view predatory lawyers and lawsuits. While the vast majority of respondents said they voted as they did because they desire “change,” they didn’t define change as including more lawsuits. Fully three-fourths of such voters said they would view Congress less favorably if it approves new laws making it easier for class-action trial lawyers to file more lawsuits. Among independents, 73 percent said they would view Congress unfavorably if such laws are approved.

The rest of the results from the ILR survey provide insights into why most Americans appear to oppose predatory lawyers and their expensive litigation. Expanding lawsuits would have a negative effect on the economy, according to 79 percent of the respondents, with nearly half (47 percent) saying it would be a “very negative” effect. Asked if frivolous lawsuits are a serious problem, 83 percent said yes. Of those, 77 percent were Democrats, 80 were Independents and 92 percent were Republicans. Most worrisome for the predatory lawyers is this number: 73 percent of ILR’s respondents said lawyers benefit the most from class-action litigation and only four percent thought victims benefit the most. Bottom line: Our new president and Congress should think very carefully before helping predatory lawyers fatten their already bulging bank accounts.



Most Popular Headlines


To view this site, you need to have Flash Player 8.0 or later installed. Click here to get the latest Flash player.


 


 



 

Reader Comments

All comments on this page are subject to our Terms of Use and do not necessarily reflect the views of the Examiner or its staff.

Inquiring minds

Nov 23, 2008

Is this why so many of the Virginia general assembly, is made of of lawyers?

 

Inquiring minds

Nov 23, 2008

Is this why so many of the Virginia general assembly, is made of of lawyers?

 

Steve

Nov 25, 2008

For everyone else extortion is illegal. Why are these lawyers above the law?? They need to be held accountable for their actions. A "loser pays" system, like most of the rest of the world has, would solve the problem quickly

 

Businessman

Dec 1, 2008

Contingency fees are an abuse of power and nothing more than legal extortion supported by our self-serving legal profession. A loser pays system would sove the problem but will be forever blocked by the lawyer-controlled legislatures. We are trapped as long as we keep electing lawyers.

 


Post a comment


Email:
(This will not be displayed or shared. Privacy Policy)

Display Name:

Comment:




Sports

Ramirez hitless in return from suspension

Manny Ramirez looked like a guy who missed 50 games. Full story

Economy

Venezuela to buy 49 percent stake in Dominican Republic oil refinery

The Dominican Republic is selling a large share of its oil refinery to Venezuela. Full story

Entertainment

Judge temporarily bans release of sex tape starring 'Real Housewives of New Jersey' woman

One of the stars of Bravo's television series "Real Housewives of New Jersey" went to court Wednesday to avoid getting a little more exposure than she wanted. Full story