Attorneys and Legal Information

The portion that goes to the plaintiffs' attorneys, in contrast, is a real cost because it reflects the value of the resources (attorneys' time, office space, equipment, and so on) devoted to that case and thus not available for other uses.(1) Conversely, measures of direct costs are too small for policy purposes in that they naturally exclude indirect costs--those associated not with specific claims but with actions that businesses and consumers take or forgo because of the incentives of the liability system as a whole.
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[1]