Litigation on the Rise
Lots of discussion is had about the need for tort reform, exceptional jury awards, and a general upswing in the costs of doing business due to potential litigation. Rarely, however, is any evidence presented that litigation is more of a problem for a business owner today than it was ten years ago.
The National Center for State Courts tracks data that shows changes in court filings – criminal and civil. When adjusted for the increase in population, the last decade saw little change in state criminal filings (the Center actually reports a 1% decrease from 2000 to 2009).
The same cannot be said for civil filings. From 2000 to 2009, the number of state civil filings increased by 28%.
So what, if anything, should the business owner or practitioner read from these numbers?
Litigation is on the rise. Asset protection is a must.
Donlevy-Rosen & Rosen, P.A. is a law firm with a focus on asset protection planning and offshore trusts. Attorneys Howard Rosen and Patricia Donlevy-Rosen co-founded the firm in 1991, and have since become recognized authorities in the field of asset protection planning. Let us explain the significant difference our experience can make when protecting your assets. Call 305-447-0061 or simply visit our contact page