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Latest Tillinghast Towers-Perrin study

Total (direct) tort costs of $261 billion; up in total, but down slightly per capita and as a percentage of GDP. The greatest failing of the Towers Perrin study, of course, is its failure to measure indirect tort costs (e.g., Aug. 8; Jun. 28, 2005; see also WSJ Mar. 13), which by far outweigh the direct costs, but it's a good proxy for the direction of growth. The release of the study will result in sniping from the usual litigation lobby suspects; for refutations of those tired arguments, see May 26, 2005; Jan. 19, 2005; and Jan. 9, 2004. NB that the old link to the Towers Perrin May 17, 2005, rebuttal is broken; that document can now be found here.



Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute

Katherine Lazarski
Press Officer,
Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.