President Barack Obama was only sworn in a day ago, but the plaintiff's bar has already made bold demands on the new president, seeking broader liability rules, limits on arbitration, and a new final rule denying any attempt to preempt state tort law.
The trial lawyers' national lobbying group called on Obama to repeal a bevy of regulations that the organization claims limit corporate liability, according to Legal Newsline.
"Instead of coming up with proposals to benefit our economy, the trial lawyers' first proposal is a stimulus package for themselves -- legislation and calls for executive action aimed at creating more litigation and more legal fees," Lisa Rickard, president of the U.S. Chamber Institute for Legal Reform, told the newswire.
The new president of the California trial lawyers' lobbying group told the Daily Journal newspaper that she hopes to see federal judicial appointments and even Supreme Court appointments that will swing future decisions about federal pre-emption.