Economic Benefits of Tort Reform: An assessment of excessive US tort costs and potential economic benefits of reform
Report Published on February 01, 2026The excessive costs of the US tort system continue to rise. While the civil justice system is clearly a crucial institutional framework in America, it is possible for it become imbalanced, leading to excessive tort costs. When functioning properly, the system provides a fair and equitable forum for the resolution of disputes among parties, appropriately compensating those that have legitimately been harmed. Additionally, it acts as an effective deterrent to undesirable behavior. The civil justice system is designed to provide proper remedies for injured parties and incentives for responsible actions; it is not intended to be punitive, random, or unpredictable.
- Tags:
- damages,
- litigation,
- justice system,
- torts
Expert Testimony & Litigation Services
Firm Brochure Published on March 21, 2016The Perryman Group cogently analyzes and clearly communicates the complex issues that often arise in litigation, including damage assessment, reasonable royalties, market definition, and security price responses. The experienced team, led by Dr. M. Ray Perryman, has a superlative track record in working with both defendants and plaintiffs in hundreds of significant assignments over 35 years, including successful testimony in numerous high profile matters.