In an editorial yesterday, the Wall Street Journal hailed the new study by the Manhattan Institute (with which I’m affiliated) dissecting the finances and operating methods of what might be “America’s only recession-proof industry: the plaintiffs’ bar. … [The] estimated $40 billion in revenues our tort warriors took in for 2001 was 50% more than Microsoft or Intel and double that of Coca-Cola.” (Sept. 23, online subscribers only). More coverage: Marguerite Higgins, “Lawsuit industry generates billions”, Washington Times, Sept. 24; UPI/Washington Times, Sept. 24. The study itself, along with updates and lots of other related information, can be found at the eponymous site TrialLawyersInc.com.
“Trial Lawyers Inc.”
In an editorial yesterday, the Wall Street Journal hailed the new study by the Manhattan Institute (with which I’m affiliated) dissecting the finances and operating methods of what might be “America’s only recession-proof industry: the plaintiffs’ bar. … [The] estimated $40 billion in revenues our tort warriors took in for 2001 was 50% more than […]
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