National Economic Impact Report 2023
America’s civil justice system has been plagued with lawsuit abuse for decades, and we’re all paying the price for it. Our skewed and unfair tort system has encouraged the filing of frivolous lawsuits and awarded excessive damages that are out of touch with reality. Taken together, the U.S. tort system has had a devastating impact on hardworking American families and small business owners.
In October 2022, the Perryman Group released a study on the economic benefits of tort reform highlighting exactly how much of an impact lawsuit abuse has had on the U.S. economy. This new study analyzes legal costs across all 50 states, Washington, D.C. and over 500 separate industries. What the report found was alarming.
Click HERE to view the full report.