Friday July 30, 2010

If Dems Win, Plaintiffs’ Bar Ready to Pounce

Trial lawyers, set back on their haunches for much of the last eight years, are expected to push forward on new legislation that would roll back limitations on personal injury and class-action lawsuits if Democrats win tomorrow’s presidential and Senate races.

Plaintiff and consumer groups, encouraged by the prospects of a Democratic president and expanded Democratic majority in Congress, are preparing a big push for legislation that would roll back limitations on personal-injury and class-action lawsuits, The Wall Street Journal reports.

The plaintiffs bar’s legislative wish-list includes limiting companies’ use of federal regulations as a shield from litigation under state law, and laws to end mandatory arbitration in consumer contracts, opening potential new avenues for civil lawsuits, according to the story.

The initiatives reflect a new aggressiveness by the plaintiffs’ bar after years on the defensive.The legal industry’s fund raising for Democratic candidates and political action committees is on pace to exceed the $137 million raised in 2004, the WSJ reports, as pro-plaintiff groups see a rare political opportunity.

“We’ve been back on our end of the field for too long,” Ed Mierzwinksi of U.S. PIRG, a consumer-advocacy group, told the WSJ. “Now we do have a chance to throw deep.”

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