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,
- justice system,
- litigation,
- tort,
- tort reform
Economic Benefits of Tort Reform in Florida: An Assessment of Excessive Tort Costs and Potential Economic Benefits of Reform
Report Published on January 14, 2020The 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. 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:
- Florida,
- tort,
- tort reform
Economic Benefits of Tort Reform in Louisiana: An Assessment of Excessive Tort Costs and Potential Economic Benefits of Reform
Report Published on November 04, 2019The 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. 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:
- Louisianna,
- tort,
- tort reform
Economic Impact of Excessive Tort Costs in Florida
Infographic Published on January 14, 2020A flawed civil justice system which generates exorbitant levels of damages or numbers of awards and which is unpredictable in its outcomes may result in negative impacts through the misallocation of society's scarce economic and human resources. Tort reform can lead to substantial economic benefits, and states which have implemented reforms have seen improved judicial efficiency and measurable advancement in economic performance.
- Tags:
- Florida,
- tort,
- tort reform
Economic Impact of Excessive Tort Costs in Louisiana
Infographic Published on November 04, 2019A flawed civil justice system which generates exorbitant levels of damages or numbers of awards and which is unpredictable in its outcomes may result in negative impacts through the misallocation of society's scarce economic and human resources. Tort reform can lead to substantial economic benefits, and states which have implemented reforms have seen improved judicial efficiency and measurable advancement in economic performance.
- Tags:
- Louisianna,
- tort,
- tort reform
Assessment of Excessive Tort Costs and Potential Economic Benefits of Reform
Infographic Published on December 18, 2018Tort reform can lead to substantial economic benefits, and states which have implemented reforms have seen improved judicial efficiency and measurable advancement in economic performance.
- Tags:
- California,
- Hayward,
- Oakland,
- San Francisco,
- tort,
- tort reform