Class actions are often portrayed as a tool for justice, enabling individuals to band together and hold powerful entities accountable. However, the reality of these… Read More
Australian plaintiffs’ firms have brought 69 class action lawsuits this fiscal year, topping previous records in Australian courts. This worrying milestone… Read More
West Virginia has emerged as a standout example in the realm of tort reform, demonstrating how strategic legal reforms can significantly reduce tort… Read More
The class action lawsuit system in the U.S. was created more than half a century ago to provide compensation for injured individuals and to deter… Read More
Before Congress intervened in 1995, exploitative securities fraud class actions were rampant. Plaintiffs’ lawyers cultivated stables of so-called frequent filer plaintiffs, sometimes with cash inducements,… Read More
Federal prosecutors in New York are cracking down on an alleged ring of conspirators who actively recruited individuals to stage slip-and-fall accidents. In the… Read More
In recent months, lawmakers, media, and courts in jurisdictions worldwide have called for oversight of third party litigation funding (or TPLF). TPLF is a global… Read More
Have you ever scrolled through social media or turned on the TV and wondered who is funding all of those lawsuits over prescription drugs and household products? Many times,… Read More
Press Event: ILR’s Chief Operating Officer Harold Kim and Florida Governor Ron DeSantis On September 17, 2019, the Institute for Legal Reform (ILR) released… Read More
Last week, the Tennessee House of Representatives overwhelmingly passed HB 352 in a bipartisan vote and yesterday the Senate concurred, on a first of its kind bill that would ban deceptive drug and medical device ads that plaintiffs' lawyers use to recruit clients. Gov. Bill Lee now has the chance to sign it into law. Read More
Washington, D.C. - The U.S. Chamber Institute for Legal Reform (ILR) today released a pair of studies examining the surge in lawsuits by cities and counties enlisted by trial lawyers to sue over alleged misconduct by businesses. Read More
Billions of dollars are being invested in lawsuits by sophisticated hedge funds that, according to some of these firms, yield huge money for them. Yet neither the defendant, nor in many cases the actual plaintiffs, have any idea that this is happening. Read More
One of the most influential bar associations in the country has voiced a full-throated condemnation of a core element of the litigation funding business model: promising a percentage of anticipated fees in exchange for cash. Read More
On May 3, 2005, the Chung family opened up their dry cleaning store in Washington, D.C. for what should have been a normal day of business. Thirteen years later, the District of Columbia Board on Professional Responsibility recommended one of the Chung's customers from that day be suspended from his profession. Read More
Look no further than the National Football League (NFL) concussion settlement as an example, where lawyers, plaintiffs, and the court are engaged in a legal battle that has nothing to do with the settlement's purpose. Read More
Today, U.S. Senate Judiciary Committee Chairman Chuck Grassley (R-IA), along with Senators John Cornyn (R-TX) and Thom Tillis (R-NC), introduced the Litigation Funding Transparency Act (LFTA), a landmark bill to help bring the multi-billion dollar litigation financing industry out of the shadows. Read More