More on Loser Pays
December 17, 2008
ShopFloor – the blog for the National Association of Manufacturers – takes another look at “loser pays.” This is where the losing party in a lawsuit pays the legal expenses of the winner, including legal fees. This is a rule that most other countries in the world use to cut down on frivolous lawsuits and could be very effective here in the U.S. I had a post on the same report by the Manhattan Institute’s Marie Gryphon earlier this month.