U.S. Chamber Institute for Legal Reform (Ilr)
Recent News About U.S. Chamber Institute for Legal Reform (Ilr)
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Who is funding U.S. lawsuits? Third Party Litigation Funding carries national security risks
The Institute for Legal Reform says it's time to change the laws, to require more transparency is who is investing in lawsuits in the U.S., to prevent foreign governments from using lawsuits to destabilize America's economy government and businesses -
Report: IL, Cook County courts driving 'nuclear verdicts' trend, leveling big costs on consumers, business, economy
A new report from the U.S. Chamber of Commerce's Institute for Legal Reform said Illinois ranks sixth nationwide for jury verdicts totaling at least $10M -
Survey says: Illinois has worst legal system in U.S.; Chicago courts 'least fair'
The environment in courts in Cook County and Madison County have earned IL the bottom spot, according to the survey from the Institute for Legal Reform -
Hidden 'tort tax' from heavy lawsuit activity costing Chicago area residents $800 each, every year, new report says
The pain from lawsuits in Illinois isn’t limited to the purses of the companies that get sued, but is spread to the pocketbooks of every state resident, a new report said, estimating the state’s high level of litigious activity costs the average Chicago area resident $811 each, every year. -
How much do lawsuits cost you? $3,300 per household, $429B nationwide, study says
Across the U.S., Americans pay hefty costs for lawsuits, with the price tag stretching from the courthouses to the most basic levels of American life, adding thousands of dollars each year to Americans’ household budget costs, according to a new study of tort litigation costs. -
No quit in trial bar after SCOTUS ruling, still filing lawsuits in favorite courts
WASHINGTON (Legal Newsline) – Since last year’s U.S. Supreme Court ruling that dealt a blow to forum-shopping personal injury attorneys, companies threatened with sprawling, 50-state litigation have not been forced into defending cases all over the country. -
Self-driving cars, thinking machines will test limits of tort law
SEATTLE (Legal Newsline) - Self-driving cars, machines that teach themselves how to operate and home digital assistants that can enter into legally binding contracts are all either on the market now or soon will be. So the next question is: Whom do you sue when they run amok? -
Illinois' legal climate among nation's worst, survey says
Cook County's increasingly bad reputation for attracting lawsuits from across the nation has contributed significantly to helping the state rank again among the worst legal climates in the nation in a recent national survey. -
Gerchen Keller, Burford merge, form largest litigation finance firm, point to expansion
A Chicago-based firm which has grown in the past three years to become one of the leading sources of financing in the U.S. for plaintiffs lawyers seeking to bring a variety of lawsuits in civil courts across the country has merged with its rival investment house to create the largest third-party litigation financing company in the world. -
Survey says Cook, Madison counties, state of Illinois, rank among worst environments for lawsuits in country
The courts of Cook and Madison counties, as well as the state of Illinois, have again ranked very poorly in the eyes of business leaders, a survey says, hampering the state’s economic growth, reducing the state’s tax haul, and making it more difficult to pay Illinois’ bills and provide needed public services, according to Ill. Gov. Bruce Rauner and representatives of the nation's largest business association.