Report: Excessive lawsuit costs subtract almost $2 billion and 20,000 jobs from Louisiana’s economy

Groups calling for an overhaul of Louisiana’s legal system say “excessive” litigation costs subtract $1.9 billion from the state’s annual economic output, leading to the loss of 19,794 jobs and a per-person “tort tax” of $417.72.

Yearly tax dollar losses are estimated at $100.3 million for state government and $84 million for local governments.

Read more in the Center Square

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The American Tort Reform Association is the nation’s first organization dedicated exclusively to reforming the civil justice system through education and legislative enactment.

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