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News
September 24, 2010

Lawyers Win, You Lose – John Stossel’s Show Features Lisa Rickard and Vytas Juskys

On his Fox Business Network show last night, John Stossel interviewed Vytas Juskys, one of ILR’s “Faces of Lawsuit Abuse” whose story is featured on FacesOfLawsuitAbuse.org. ILR President Lisa Rickard also appeared on the program and spoke about the impact of lawsuit abuse on small businesses.  She cited our recent survey of small business owners, which found:

  • One in three (35 percent) of all small businesses have been sued or threatened with a lawsuit.
  • Sixty four percent say that lawsuits have been on the rise, and 68 percent believe that the number of lawsuits against companies will continue to increase over the next five years.
  • If targeted in a lawsuit: 74 percent of small business owners say companies such as theirs would very likely have to pass those costs on to their customers; 68 percent say they would very likely have to reduce existing employees’ benefits; and 71 percent say they would very likely have to hold back on hiring new employees.

Video of the program is available here.

 

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