Friday, November 26, 2010

Loser Pays "The Rest of the world Rule"

Also known as the "English Rule" to those who wish to make it sound foreign and Un-American. This rule is actually used by most of the world and certainly in every other country that has a legal system that even comes close to ours. This rule makes it so the loser of a law suit must pay the legal expenses for the party they bring the lawsuit against. I know, at first it sounds strange. Did you understand it right? YES, the loser must pay the legal fees not only for their own lawyer but also for the other side.

Brilliant right? I think so. Consider how this would reduce the amount of frivolous lawsuits.

Here are a couple of great articles if you would like to learn more.

Marie Gryphon

John Stossel

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