Trial Lawyers, Inc. Targeting the Environment
August 26, 2010
Manhattan Institute’s indespensible series, “Trial Lawyers, Inc,” has done a tremendous job of exposing the business model and structure of the trial bar and quantifying the damage lawsuit abuse does to our nation.
A new installment has just been released in the series, this one on the environment. The report examines how trial lawyers are going green ($$$) by ginning up mass class action environmental lawsuits. According to the report, the trial bar is charging contingency fees that eat up a third of class proceeds and doing an end-run around legislator and regulators by using the courts to enact their policy aims.
Manhattan Institute’s Jim Copeland is the author of this latest report. Jim was published in yesterday’s Investor’s Business Daily with an op-ed on climate change lawsuits, based in part on the arguments laid out in this latest report.