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June 26, 2007

Lawsuits Drain Economy, Alter Business Decisions, Studies Show

From the press release:

"The tort system in the United States cost small businesses $98 billion in 2005, with the fear of lawsuits altering the way the small business owners make decisions, according to studies released at a Congressional hearing today by the U.S. Chamber Institute for Legal Reform (ILR).

Tort Liability Costs for Small Business, NERA Economic Consulting

Small Businesses: How the Threat of Lawsuits Impacts Their Operations, Harris Interactive

June 26, 2007 in Think Tank Reports | Permalink

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