Lawsuits Gone Wild: Our Out of Control Legal System and the Need for Tort Reform Free Essay, Term Paper and Book Report
In the society we live in, it has become increasingly popular and more common to sue. Whether we see it in the media, talk about it amongst ourselves, or are actually the ones doing the suing, (or being sued) we deal with lawsuits every day. Now, weve all heard the story about the grandmother who spilled hot coffee on herself and successfully sued McDonalds for nearly $2.9 million, or the man who sued Winnebago and won $1.75 million after crashing his motor home off the freeway. But few of us ever question what these and all the other outrageous rewards for senseless lawsuits do to the economy. Have we ever wondered if they have a negative effect? Have we asked ourselves how they impact us, as consumers? Have we asked how they impact American business? The answer to all those questions is this: Frivolous lawsuits destroy the American economy.
Frivolous lawsuits can damage the economy in many ways. They can force companies out of business, increase the cost of financing and insurance, and cost millions of dollars every year in lost time, court awards, and legal fees. Also, li......
Word Count: 1195
Page Count: 4.7 (250 words a page / double spaced)
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