Class Action Lawsuits and Lawyers

The Costs of the Tort System The efficiency of the tort system is difficult to measure because information about its benefits is so sparse. In particular, data on the damages avoided because of additional precaution are not readily available. Some costs associated with tort liability have been measured, however, and can be used in a limited evaluation of the cost-effectiveness of tort liability as a mechanism for compensating victims. Understanding the nature and magnitude of tort costs can also help policymakers identify options that would tend to control those costs while enhancing the benefits of the tort system.
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Class Action Lawsuits and Lawyers

Cooter, "Economic Theories of Legal Liability," Journal of Economic Perspectives, vol. 5, no. 3 (Summer 1991), p. 20.
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Class Action Lawsuits and Lawyers

The options discussed here focus on nonpecuniary damages, attorneys' fees, joint-and-several liability, and payments from "collateral sources," such as victims' insurance policies. (Those options are summarized in Table 3.) All of the policy changes could be applied to the broad universe of tort claims or, alternatively, to one or more subsets of particular concern. Table 3.
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ClassActionLawsuit.org Kahn Gauthier Law Group - Case Information ...

Cases Against Credit Card, Mortgage & Life Insurance Disability Plan Providers ... STROKE · TISSUE IMPLANTS. Stocks. BROKER Fraud · New York Life · WORLDCOM ... www.classactionamerica.com/affiliates/ gm/classactionlawsuit.asp?lngCaseID=4290 - 69k - Supplemental Result -
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