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U.S. Chamber Institute for Legal Reform (ILR)


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Lindsey Graham says 'litigation abuse is real,' class action reform should be considered

By John O'Brien | Apr 3, 2019

WASHINGTON (Legal Newsline) – Lindsey Graham, the South Carolina Republican who chairs the Senate Judiciary Committee and receives backing from trial lawyers, said in a Tuesday hearing that lawsuit abuse “is real” and reform in the class action system should be explored.

Report: Surging securities class actions over corporate M&A, 'adverse events,' a growing 'litigation racket'

By Jonathan Bilyk | Oct 25, 2018

Saying the trend carries substantial costs for investors and the entire economy, a new report is calling for reforms to tamp down on the growing surge in the number of so-called securities class action lawsuits filed against companies over mergers, acquisitions or stock price drops - a phenomenon the report author called a "litigation racket."

How much do lawsuits cost you? $3,300 per household, $429B nationwide, study says

By Jonathan Bilyk | Oct 24, 2018

Across the U.S., Americans pay hefty costs for lawsuits, with the price tag stretching from the courthouses to the most basic levels of American life, adding thousands of dollars each year to Americans’ household budget costs, according to a new study of tort litigation costs.

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