Tort Reform and Contingency-Fee Arrangements: A Growing Concern for State Lawmakers
Seattle, Washington – As state lawmakers continue to grapple with the issue of tort reform, the detrimental effects of frivolous lawsuits and contingency-fee arrangements have come into the spotlight. Studies consistently show that such litigation hampers economic growth, reduces job opportunities, and burdens taxpayers. In 2021, over 60 percent of all tort cases in the United States were part of pending multidistrict litigation (MDL) cases, which further strains the legal system and delays justice for deserving plaintiffs. One significant factor contributing to the prevalence of mass tort cases is the use of contingency-fee arrangements by … Read more