The level of legal certainty and clarity a state gives to its employers can be a major inducement or deterrent for new business investment. It is no surprise, therefore, that a growing number of job creators surveyed by the U.S. Chamber Institute for Legal Reform (ILR) are placing the competitiveness of a state’s legal climate near the top of their list of considerations when making important decisions about the growth of their companies.
Thanks to legal reforms secured with the help of robust advocacy from the North Carolina Chamber, our state’s competitive tort climate rose dramatically, from the 20th best to the 7th best nationally, according to ILR’s 2015 Lawsuit Climate Survey. We remain committed to fighting for commonsense reforms that give job creators even more predictability and transparency in legal affairs, making our state’s already competitive legal climate even more conducive to new business investment.
Tort Reform & Legal Climate News
Ensuring legal clarity and certainty is essential, especially at the intersection of the law and health care. In recent years, plaintiff attorneys have spent upwards of $892 million on television advertisements in the United States. Of that $892 mill...
Last week, the United States House of Representatives passed sweeping legal reforms impacting class action litigation, with successful votes on the Fairness in Class Action Litigation and the Furthering Asbestos Claim Transparency Act of 2017, the In...
Last week, a bill was introduced in the U.S. House and Senate that would reduce the harmful impacts of frivolous lawsuits on America’s job creators. The Lawsuit Abuse Reduction Act of 2017 would amend Rule 11 of the Federal Rules of Civil Procedure...