New York City's Legal System Costs Taxpayers $89 Billion Amid Rising Litigation Concerns
1668+ Words Refined into 6 Facts by AI • 1 source • 0m ago
Show Full Summary
- New York City's legal system costs taxpayers and businesses $89 billion annually.
- Businesses spent $88.6 billion on frivolous lawsuits, per the Perryman Group.
- Key policies like the scaffold law drive up litigation costs significantly.
- Tom Stebbins calls lawsuit abuse an economic crisis affecting jobs and prices.
- Powerful trial lawyer groups influence policies that increase litigation costs.
- Gov. Kathy Hochul vetoed the wrongful death bill twice amid controversy.
The sources of this summary are listed below. Click to view.
