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October 18, 2017

In the News Today – October 18, 2017

The Illinois economy is being weighed down by “one of the most abusive lawsuit climates in the country,” U.S. Chamber Institute for Legal Reform President Lisa A. Rickard and Illinois Chamber of Commerce President and CEO Todd Maisch said in an op-ed in the Illinois State Journal-Register.  

A “perceived lack of fairness in the state’s laws, courts, judges and juries,” rampant litigation tourism, and notoriously problematic jurisdictions like Cook and Madison Counties are among the biggest reasons why the state’s lawsuit climate ranked 48th in the United States.  

Rickard and Maisch said venue reform legislation could help rid the state of its “reputation as a magnet for out-of-state lawsuits” and legislation requiring parties at fault to pay damages in proportion to their responsibility could help make the lawsuit climate more fair. Though even “small steps can make a difference” given the state’s poor showing.

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