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Louisiana had the sixth highest share of personal injury lawsuits per capita among the 50 states during the year ending March 31, with 16.71 lawsuits being filed per 100,000 residents, according to a Florida law firm.
A bill to provide more transparency about third-party litigation financing in Louisiana was vetoed this week by Gov. John Bel Edwards, who argued that such funding agreements help to “level the playing field” between individual plaintiffs and defendant companies.
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Despite representing only 1.5% of the U.S. population, Louisiana ranked fifth among the states in a new study that catalogs the increasing number of jury verdicts against corporations that exceed $10 million.
Anthony Anastasio, the president of the New Jersey Civil Justice Institute, discusses the costs imposed on business by state's legal system.