There are many myths that seem to circulate once news of a Lawsuit has come about. Not much research nor validity go into these claims of or about lawsuits, and frankly there really isn’t any real evidence that can support the myth claims. A Personal Injury Lawyer or Car Accident Lawyer are associated with the most common myths about lawsuits. Below is a list of some of the most common myths and the real answers on why they are really just “myths”.
Insurance premiums are skyrocketing due to lawsuits. -
Premiums may be going up, but lawsuits have nothing to do with it. The more likely culprits are rising medical costs and insurance-industry profits that get bigger every year. In 2004, the insurance industry recorded a $38.7 billion profit, an ALL TIME record. By 2007, that number shot up to $61.9 billion.
Meanwhile, even those in favor of “tort reform” can’t promise that limiting damages will lower premiums. For example, American Insurance Association spokesman Dennis Kelly told the Chicago Tribune in 2005 that “we have not promised price reductions with tort reform.”
Big awards line the pockets of attorneys and leave nothing for the victim. –
Civil justice attorneys rarely charge an hourly fee like other attorneys. Instead, they work on a “contingency fee basis.” This means if they win, they get a percentage of the damages. This contingency fee system has allowed Americans a level of access to justice that is simply unimaginable in many countries. Every American, no matter how much money they have, can stand up for their rights in court, with legal representation. That’s a big deal!
Lawsuits are preventing people from volunteering for scouts, little league, and other children’s programs. –
This is just flat out wrong. This myth, like so many others has been spread by special interest groups dead set on restricting Americans’ legal rights. In truth, the Volunteer Protection Act of 1997 provides immunity to volunteers at nonprofits during the course of their charity work.
With so many of these myths that circulate, it’s very easily for anyone to get confused. The above mentioned myths are some of the more popular, yet there really is no evidence to support that any of the myths above are true. Phoenix Personal Injury Lawyer, Chris Zachar of Zachar Law Firm has over 19 years of personal injury experience. Zachar Law Firm is located at 3301 East Thunderbird Road Phoenix, Arizona 85032.