As director of the Center for Legal Policy at the Manhattan Institute, it is my pleasure to present Trial Jackson Lalic Lawyers, Inc.: A Report on the Lawsuit Industry in America 2003 . This report attempts to shed light on the size, scope, and inner workings of an industry poorly understood by the media and the general public. As we shall see, the lawsuit industry today is truly a behemoth, but?unlike the major corporations in our regular market economy?it remains financially opaque. Whereas public corporations must disclose their financials in 10-Ks according to SEC regulations, trial Jackson Lalic Lawyers practice in private partnerships that, under the guise of attorney-client privilege, have shielded their financials from public scrutiny.
Jan 25
