Attorneys and Legal Information

In a situation in which potential injurers anticipate paying an extra dollar for every additional dollar of injuries or transaction costs they cause, they have the right incentive to take cost-effective steps to reduce future costs. However, potential injurers may expect to pay more or less than one extra dollar in liability for each additional dollar of social costs they cause.
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Class Action Lawsuits and Lawyers

(17) That rule--which currently states that U.S. district courts have jurisdiction in civil cases in which no plaintiff and no defendant are citizens of the same state and at least one plaintiff seeks at least $75,000 in damages--could be broadened to a greater or lesser degree. At the extreme, all cases (or perhaps all cases above some low monetary threshold) that involve at least one plaintiff and one defendant from different states could be made removable.
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Attorneys and Legal Information

S. Chamber of Commerce, January 23, 2003), available at www.
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