Originally Posted by Wolffen
None of the more popular tort reform bills floating around various states and Congress have had anything that addresses those problems though. The focus of those bills is normally limiting damages. While that may help the insurance companies by limiting what they payout, as well as decreasing the number of lawsuits because they won't be as profitable for trail lawyers, it also has the effect of screwing the people out of the best lawyers to prosecute their cases. And without the best lawyers they can get, they won't win against insurance companies. The bigger issue is that lawyers cost too damned much, and the vast majority aren't in it to help their fellow man, they're in it for the money (and they enjoy arguing). In a perfect world, limiting awards would in theory drive down the cost of lawyers since you'd have more lawyers competing for less money. That won't happen, or at the very least, will not happen with any meaningful speed. 1 of 2 things will happen: (1) Lawyers go back to hourly pay, which means a lot of victims will not be able to afford a lawyer, or (2) those lawyers who do care about their fellow man can no longer make enough money to stay in business AND effectively fight industry lawyers.
I completely agree that America is sue happy; that the wrong people are getting sued, that third parties are being asked to pay for someone else's mistakes when they acted in good faith. How do you protect those third parties, put a stop to frivolous lawsuits, AND still offer victims a chance for justice, and do it only through a new bill/law? Laws alone are either black and white or so full of loop holes that they do no good. And seen from a larger view, the state of our legal system, especially in regards to malpractice, is anything but black and white. What should we do? I don't know. All I know is that even if we eliminated all lawsuits against corporations, doctors, hospitals, and insurance companies, the American people would not see substantial monetary relief, as the companies would pocket as much of the income saved from a lack of lawsuits as possible, rather than pass it on to the public.