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ILR Research


Tort Liability Costs for Small Business

Tort Liability Costs for Small BusinessILR's new study shows that small businesses shoulder a tremendous burden of the nation’s tort liability costs, having paid $105.4 billion in 2008.

Read the press release

Download the study (pdf)

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News


ILR in The News

ILR Spotlight

$55 Billion is "Practically Nothing"?

Earlier this week, the respected medical journal Health Affairs published a study that estimates the negative cost of America’s broken medical malpractice system at $55.6 billion a year. By any measure this is a huge number, greater than the combined 2009 budgets for the Departments of Commerce, Interior and State and the entire legislative and judicial branches...

Read More: $55 Billion is "Practically Nothing"?

September Most Ridiculous Lawsuit Poll – The "All the Tea in China" Edition

Not content with merely suing for all the tea in China, a Las Vegas man recently brought a lawsuit against a law firm for $38 quadrillion dollars.  For those keeping score, only $24 trillion is in current circulation … not just in the U.S. but in the entire world.  So, regardless of the merits of the case, one plaintiff in this month’s Most Ridiculous Lawsuit Poll is literally suing for more than all the money in the world. 

But let’s quickly take a look at the lawsuit itself....

Read More: The "All the Tea in China" Edition


ILR in the News

Bloomberg reports on the debate over the Supreme Court's Iqbal and Twombly rulings, which essentially require plaintiffs to show a claim is "plausible" before it moves forward in federal court. ILR President Lisa Rickard was quoted, saying that the rulings mean that plaintiffs in federal court are not able to "subject a defendant to the costs and burdens of litigation when there is no plausible basis for their claims."

Read More: ILR in the News