June 2009 Archives

"If you or a loved one has a serious injury or wrongful death case, you would do better throwing a dart at the attorneys section of the phone book than choosing a lawyer on the basis of a billboard or a 30 second TV ad. At least you would have a chance of getting to a decent, honest attorney who would know how to identify a specialist for an appropriate referral, rather than a 'mill' that focuses on volume and accepts low offers rather than doing the hard work of litigation."

Atlanta personal injury lawyer Ken Shigley writing on the "Atlanta Injury Law & Civil Litigation Blog"

"... it's notable that Texas created more jobs last year than the other 49 states combined. Texas's low tax burden is one reason. But also important is a fairer legal environment in which companies are less likely than they were a generation ago to face jackpot justice."

Wall Street Journal, Opinion, Review & Outlook, June 13-14, 2009

"Most juries are reasonable, but many misunderstand complex disputes and some impose penalties that bear no relation to any harm suffered. Trial lawyers are adept at crafting suits aimed at whomever has deep pockets. Judges sometimes fail to apply common sense."

Surviving the Slump, The Economist, A Special Report on Business in America - May 30, 2009

"A study in the New England Journal of Medicine found that even in cases where no medical error was found, plaintiffs received payments a quarter of the time. And half of medical malpractice payments were gobbled up by lawyers and overheads."

Surviving the Slump, The Economist, A Special Report on Business in America - May 30, 2009

"On the portfolio as a whole, our returns are well in excess of 20 percent per year. We're certainly beating the market."

David Desser, managing director of litigation investment fund Juris Capitol, a Chicago firm backed by two hedge funds, in The New York Times. Juris is one of a handful of new funds that helps finance one side in a major business lawsuit in exchange for a share of any winnings.