The tort reform movement that the Trends editors have been following for more than 20 years has reached a major inflection point, with new legislation at both the state and federal level. Reformers have been energized further by the recent felony indictments of senior partners in some of America’s most corrupt law firms. Simultaneously, the credibility of physician testimony manufactured by other firms as part of a long-running asbestos litigation has come under fire. Together, this and other less-publicized news indicates a dramatic reversal of fortune for the once high-flying plaintiff’s bar. Why is this happening now? Where is it headed? What are the implications for the economy and society? We’ll provide full disclosure.
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