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That last part is important, because with civil courts underfunded and litigation increasing, even simple cases are going to take years and years to attain their day in court.
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At the company level, the costs include fines, litigation, increased insurance and workers' compensation premiums, and negative publicity.
The Supreme Court's decision in this case may affect the amount of ECOA litigation, increase the cost of borrowing, and change the underwriting standards and costs for loans to female business owners.
Why has the amount of litigation increased?
Potential benefits: protection from litigation, increased productivity and generally better business continuity.
Will litigation increase?
Ward's litigation attracted increasing attention and gained importance after the World's Columbian Exposition.
Access to information can compensate, to some extent, for the disadvantage one-shotters experience in litigation, thereby increasing their chance of obtaining a fair decision.
These state court IPO cases allow plaintiffs to evade the PSLRA, impose burdensome and expensive discovery before allegations are tested, and result in fewer claims being resolved at early stages of litigation and increasing settlements being extracted.
Cynics would erroneously attribute this to a parallel increase in litigation but increasing patient knowledge and expectations with a move toward subspecialisation are the main catalysts driving change.
The reasons for the decline are multifaceted and include escalating cost of autopsy borne by hospitals and county medical examiners, lack of direct reimbursement, fear of litigation, and increasing reliance on modern technology to determine a diagnosis antemortem (10 ).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com