Check out these economic impact studies analyzing excessive litigation costs in California, Florida, Illinois, Louisiana, Missouri and West Virginia.
The study estimates nearly a half-million permanent jobs were lost due to excessive litigation costs.
California: Loss of 197,776 jobs and $11.8 billion in personal income.
Florida: Loss of 126,139 jobs and $7.5 billion in personal income.
Illinois: Loss of 81,685 jobs and $4.9 billion in personal income.
Louisiana: Loss of 15,556 jobs and $945 million in personal income.
Missouri: Loss of 26,548 jobs and $1.62 billion in personal income.
West Virginia: Loss of 3,843 jobs and $238 million in personal income.