+1
Quote from KrispyKreme50:
Here's an interesting idea I read on how to go about achieving tort reform. Under the current system, people who file lawsuits only to have them dismissed incur trivial expenses, which creates an incentive for lawyers to more likely file a lawsuit than not. Instead, the US can transition to a "loser pays" system where lawyers are obligated to pay 5% of the amount of their lawsuit to the defendant if it is dismissed.
If we do this, lawyers with clients who have genuine grievances won't be affected because they will still be able to win their lawsuits. However, lawyers who fit under the category I described above would now think twice about suing frequently or for an obscene amount (a real life example would be the secretary who sued Toyota for $190 million because she was sexually harrassed while working there) since they could be responsible for a significant sum if they lose.