Class Action Lawsuits and Lawyers

5. Tillinghast-Towers Perrin, U.S. Tort Costs: 2002 Update.
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Class Action Lawsuits and Lawyers

New filings in U.S. district court for asbestos cases involving personal injury or product liability rose from 5,041 in fiscal year 2000 to 26,818 in 2002 (see Administrative Office of the United States Courts, 2002 Annual Report of the Director, Table C-2A). But federal cases are only a portion of total claims (which also include state and trust fund claims), and the number of new cases (which represent old exposures now coming to light rather than new exposures) fluctuates greatly from year to year.
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Attorneys and Legal Information

Such effectiveness has not been demonstrated, however. One key issue is the relationship between actual costs to victims and the liability costs that are faced by injurers.
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