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And high-merit but low-stakes cases should be more economical to file.Herbert Kritzer, of the University of Minnesota, an opponent of loser-pays who is sceptical about the utility of caps on awards, suggests another reform: giving juries guidelines for damages in similar cases, which would trim expectations of big payouts.
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Network Associates, the maker of McAfee antivirus software, trimmed expectations for the next two quarters and the year.
The company reported quarterly results that beat diminished forecasts but trimmed expectations looking forward, citing a slowing economy and lower orders.
Although on the surface politicians - especially from Europe - are trimming expectations for Copenhagen, behind the scenes they are also encouraging campaigners to step up the pressure in the intervening weeks.
Sharp declines in consumer spending and the impact of a stronger U.S. dollar were blamed for the trimmed expectations, and Best Buy also predicted a decline in same-store sales of between 5.0% and 15.0% by February 2009.
On its current path, the economy will force many people to trim their expectations in order to pay the bills.
The same economic forces that are encouraging couples to trim their expectations may actually be encouraging more of them to marry sooner, if less expensively.
First it would be a subtle trimming of expectations, then a desire without sanction.
But here, too, Mr. Moody-Stuart trimmed back expectations to 14percentt from 15percentt forecast last year because of the cutbacks.
Economists had already trimmed their expectations for growth during the quarter in the face of this year's brutally cold winter.
See articleIn an update to its October forecast the IMF trimmed its expectations for the world economy, which it said would grow by 4.1% this year.
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