The litigation problem in America has reached epidemic proportions. About 50 million lawsuits are filed every year. Statistically, each American will be sued five times over their lifetime. And this doesn’t include all the other potential threats – divorce, etc. The challenge is no longer making money – it’s keeping it!
Why is America so lawsuit crazy? Sociologists, economists, politicians, and lawyers each have their own theories. Our perception is that we have too many lawyers, too many laws, and too few judges with the courage or common sense to summarily throw out the blatantly frivolous lawsuits. We also have too many juries that don’t rule on the basis of liability. Their goal is to empty a defendant’s ‘deep pockets’ and redistribute the wealth.
There are also too many incentives to sue. For example, a punitive damage claim can enrich a plaintiff who has little or no actual damage with a multi-million-dollar windfall. Nor are there many reasons not to sue. It won’t cost a plaintiff a dime in legal fees because most lawyers work for a contingent fee.
Much wrong with our legal system, but it is not only the system’s fault, as perverse as it is. The fault is chiefly that as a society we have become a nation of victims. When things go wrong – as they invariably do – we instinctively point blame elsewhere. The lawsuit is the natural consequence of this distorted national mindset.
Walter K. Olson’s The Litigation Explosion explains our litigation dilemma from a different perspective:
“The unleashing of litigation in its full fury has done cruel, grave harm and little lasting good. It has helped sunder some of the most sensitive and profound relationships of human life: Between the parents who have nurtured a child; between the healing professions and those whose life and well-being are entrusted to their care. It clogs and jams the gears of commerce, sowing friction and distrust between the productive enterprises on which material progress depends and on all who buy their products, work at their plants and offices or join in their undertakings. It seizes on former love and intimacy as raw materials to be transmuted into hatred and estrangement. It exploits the bereavement that some day awaits the survivors of us all and turns it to an unending source of poisonous recrimination. It torments the provably innocent and rewards the palpably irresponsible. It devours hard-won savings and worsens every animosity of adverse society. It is the special American burden, the one feature hardly anyone admires of a society that is otherwise envied the world around.”
Why is Asset Protection so important today?
The answer is obvious. We live in a lawsuit-crazy, financially risky world; where too many people unexpectedly lose their assets.
More and more families, individuals and businesses are sued each year. It can happen to anyone! That's why so many people today want and need to protect their wealth against lawsuits and these other dangers.
They want financial security. They want peace of mind. They want and need to know how to defend themselves financially. This is vital for people from every economic background.
That's why Asset Protection is such a hot topic today, and that's why our services are in such great demand.
For more information contact The Presser Law Firm, P.A. for a complimentary preliminary consultation with one of our experienced attorneys today.
The Presser Law Firm, P.A.
6199 N. Federal Highway, Boca Raton FL 33487
(561) 953-1050 or e-mail Info@AssetProtectionAttorneys.com