A legal complaint is the initial document filed by a plaintiff to start a lawsuit, outlining the allegations against the defendant and specifying the legal… Read More
In recent years, you’ve probably noticed an uptick in ads from law firms promising big settlements or a quick resolution to your legal troubles. In… Read More
Trial lawyers are spending vast sums of money on television and digital advertising to recruit new clients and influence juries, all in a bid… Read More
WASHINGTON, D.C. — U.S. Chamber of Commerce Institute for Legal Reform Acting President Stephen Waguespack released the following statement today on the discussion… Read More
We’ve previously written about ILR’s recent research paper showing that nuclear verdicts—jury verdicts worth $10 million or more—continue to increase in… Read More
In recent years, the growing trend of nuclear verdicts has captivated headlines. Nuclear verdicts refer to jury awards exceeding $10 million, often in personal injury… Read More
A June 12 hearing titled “The U.S. Intellectual Property System and the Impact of Litigation Financed by Third-Party Investors and Foreign Entities” in the House… Read More
Third party litigation funding (TPLF) allows hedge funds and other financiers to invest in lawsuits in exchange for a percentage of any settlement or judgment. Read More
UPDATE: On June 19, Gov. Jeff Landry signed SB 355 into law. The final legislation will put in place limitations on foreign litigation funding, increase transparency… Read More
FOR IMMEDIATE RELEASE June 4, 2024 WASHINGTON, D.C. — Massive jury awards of $10 million or more—known as “nuclear verdicts”—continue to increase in… Read More
The Telephone Consumer Protection Act (TCPA) was signed into law in 1991 to curb the increase of abusive and unwanted telemarketing practices. Due to the… Read More
Nuclear verdicts drive up the costs of goods and services, make insurance riskier to offer and more difficult to obtain, and undermine fundamental fairness and… Read More