Why is it that Texas spent so much money convincing its voters to pass a resolution setting caps on medical malpractice suit damages?
We were told that the high cost of medmal insurance premiums (and, by extension, the high cost of health care itself) was due to an "epidemic" of frivolous lawsuits, and the only remedy was to keep people from filing them.
Except...
It was last year that the thing was passed, and doctors' premium rates haven't gone down one iota.
Great huh? I know, I know, those of you from other states are shaking your heads at the stupidity of the people of Texas, right? Well, let me tell ya, folks; Texas ain't the first to do it, and unless the American people wake up, it certainly won't be the last.
That's it.
Law Firm Disrupted: New York Law Firms See 'Tectonic Shift' in Competition
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Compensation packages for partners are getting bigger, while some firms are
approaching laterals with pay figures right off the bat.
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