Economic Benefits of Tort Reform: An assessment of excessive US tort costs and potential economic benefits of reform
Report Published on February 01, 2022The civil justice system is a crucial institutional framework in America. When working 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. As part of this framework, tort litigation can be highly beneficial to society in terms of promoting equal and impartial justice as well as establishing part of the critical context in which economic activity can prosper.
- Tags:
- damages,
- litigation,
- tort,
- tort reform,
- justice system
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.