The system’s primary goal is to provide parnasah for lawyers, including the “Trial Bar” (plaintiff’s lawyers), and the Defense/Insurance Bar ( since many defendants have liability insurance), and the system works very well. They probably could make it a bit easier for victims to get compensation (if a company immediately admits a mistake and agrees to pay damages, give them immunity from punitive damages and class actions), and they could increase the incentive not to bring silly lawsuits (though the threat of not getting paid discourages lawyers from bringing truely silly ones). There are many Yidden working as lawyers, so we shouldn’t complain. While there are some negative macroeconomic aspects, freedom to litigate is a much better way to solve problems than what other countries do resolve problems (e.g. blood feuds).
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