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Wednesday, November 19, 2008

The Economy May Be Down, But the Lawsuit Industry Is Up

U.S. Chamber of Commerce's Institute for Legal Reform has been trying for years to reduce the number of frivolous lawsuits failed against U.S. businesses.

The Institute notes that Towers Perrin's annual study on the cost of America's tort system shows an increase in the "lawsuit industry" of 2.1% in 2007 to $252 billion.

Don't look for any help from the Democrats who control Congress. Most of them are lawyers and all of them took campaign contributions from lawyers.

The Economy May Be Down, But the Lawsuit Industry Is Up

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