Personal Injury Resources

A look at tort reform and class action law.

In effect, the law firm was literally orchestrating which firms to go after and paying potential plaintiffs to file suit and retain the firm on their behalf. While the settlements of these cases netted over $45 billion in the 10 year period ending in 2005, Milberg Weiss earned $1.7 billion in legal fees and costs. In fact, almost half of the securities class action settlements awarded during this period were brought by this law firm. Far from being a vehicle of justice for wronged plaintiffs, these class action law suits are an industry in which these types of law firms excel.

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Read more from this blogger: High Time For Tort Reform