Tort Law

You should be concerned about lawsuits if your are a professional business person or are someone with significant assets. Look at these recent articles:

"There were about 100,000 attorneys in the United States at the beginning of the 20th century. Now there are 1 million . . .94 percent of all lawsuits across the globe are filed in this country. . . the U.S. tort system costs more than $260 billion peryear, about $880 per person." (Beaufortgazette.com, 4-4-08, "In a land of lawsuits, 10 ways to stay out of court", by Ben Pillow).

"Finding victims is no longer difficult and the practice of proactive marketing has become a livelihood for many lawyers . . . The combination of agressive trial lawyers and activist judges in many cases, have made the practice costly and abusive. In fact, some areas of the country have become known as judicial hellholes." (Producersweb.com, 5-13-08 "How to protect your wealth from lawsuits", by James A. Lavorgna).

In a report released by the Pacific Reasearch Institute, only five states "have effective tort laws on the books, reasonably low costs and few litigation risks." Thirty-one other states either have "weak tort laws on the books, high tort costs and high litigation risks", "have weak tort rules" and are open "to vulnerabilities and a need for reform", or have "strong tort rules, but moderate to high tort costs and litigation risks." (Lawyers USA ("LUSA") 3-24-08, page 2).

If you are worried about protecting what you have worked so hard to achieve, check us out at www.professionalassetprotectionservices.com to see if we can be of help in today's lawsuit happy society.