Legal Abuses Are Costing Americans Billions

Michael Busler
4 min readJun 14, 2024

Tort litigation, especially in class action suits, is very costly while making lawyers rich.

Inflation and supply chain disruptions are two of the most often discussed economic woes facing the American economy, but another often overlooked issue has also made significant contributions to the economic pain that families are feeling today.

Specifically, mass tort litigation, civil lawsuits involving numerous plaintiffs who claim similar injuries or damages and join into a “class,” has grown exponentially in recent years. This growth is not because American businesses are acting in a more negligent way than they used to act. No one will disagree that if someone has been wrongfully harmed, they should be justly compensated. However, more frivolous lawsuits are being pushed by some trial attorneys and the third-party funders that back them financially, in an attempt to turn the legal system into a vehicle for profit.

This has happened to the detriment both of American businesses and in some cases where claims are legitimate, victims who have suffered actual harm. A recently released report, for example, uncovered that mass tort litigation is extremely costly but rarely benefits anyone except the attorneys and their financial partners pushing the suits. They profit handsomely while the plaintiffs receive little to no…

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Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.