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Some indirect benefits may also arise from better distribution of risk. In principle, risk-averse consumers who expect to be compensated for injuries more fully through the liability system than they would be through their own insurance may be more willing to buy certain goods or services (space heaters, perhaps). 7.
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New York Lawyers Information

Again, that effect is clearly inefficient in a simple textbook world, but it may improve efficiency if other factors currently bias attorneys against settlement and toward trial.
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New York Lawyers Information

(18) On the other hand, if expanded diversity leads to lengthy delays in trying legitimate claims because federal courts have more-limited capacity than state courts do, the costs to efficiency and equity may subtract from or outweigh the benefits.
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Lawsuits Consumer Fraud

(27) They also identified 67 bankruptcies related to asbestos litigation through 2002, up from three through 1982. Adding to that concern is the latency that occurs in the onset of asbestos-related disease, which makes it difficult to predict firms' exposure to liability and to ensure adequate compensation for victims who have yet to file claims.(28) Asbestos cases also differ from other torts in the number of firms affected. The median number of defendants in asbestos litigation was 18, compared with a median of one defendant in tort cases overall.
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Product Recall Safety Legal and Lawyer Attorney Resources

Consumer Product Safety Information: official website, including recalls, reports, lawyers, attorneys, class action, lawsuits, settlements and alerts such ... www.productrecallsafetyalerts.com/ - 20k -
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My Class Action Lawsuit Lawyers Attorneys

Unfortunately, the majority of people don't contact a lawyer, as they may not realize ... Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana ... www.classactionamerica.com/ affiliates/gm/myclassactionlawsuit.asp - 41k -
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