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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.

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ILR in The News

Today's News

Fox News reports the American Medical Association and 90 other medical groups sent a letter to the Treasury Department on Wednesday urging them to drop a proposal that would allow lawyers to deduct litigation expenses, which would “increase the cost of health care in our nation.”

John Stossel in the Washington Examiner writes that the Americans with Disabilities Act, while well-intentioned, has led to a “landslide of lawsuits by professional plaintiffs,” enriching plaintiffs’ lawyers and serial litigants at the cost of business owners and the disabled.  Visit FacesOfLawsuitAbuse.org to see the effect frivolous ADA and other lawsuits have on small businesses.

Pointing out that West Virginia was experiencing a doctor shortage before the legislature instituted a cap on non-economic medical malpractice awards, the Charleston Daily Mail hopes the state Supreme Court does not overturn the cap, which would “cause pain and suffering in the state as the exodus of physicians resumed.”

Read More: Today in Legal Reform