Got Cool New Tech? There’s a Lawsuit for That

In an opinion piece for LegalTech News, ILR President, Lisa A. Rickard writes on the plaintiffs’ bar’s attempt to regulate emerging technologies through litigation, stating “this group [of plaintiff lawyers] sees lawsuits as a tool not for public justice but for personal enrichment.”

“Litigation has become the American economic system’s 800-pound gorilla. On its best day, it is an obstacle that must be accounted for… On its worst day, lawsuits threaten whole new product lines, industries and technological advances.”

Rickard argues that lawsuits “should never be the central regulatory mechanism” as “to do so is a recipe for slowing innovation and threatening new advances altogether.”