Class Action Lawsuits and Lawyers
See the remarks of Philip K. Howard before the Common Good forum, "Beyond Patients' Rights: Do We Need a New System of Medical Justice?" hosted by the AEI/Brookings Joint Center for Regulatory Studies, Washington, D.C., April 24, 2002, available at http://cgood.
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Attorneys and Legal Information
As noted above, Tillinghast estimates that only 46 percent of the total direct costs of the tort system go to victims in the form of economic and noneconomic damages; 54 percent go to transaction costs. By comparison, in the no-fault compensation systems for on-the-job and vaccine-related injuries, administrative costs make up only about 20 percent and 15 percent of total costs, respectively.
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