Cap trial lawyer pay

A WSJ letter writes to John Edwards, suggesting that lawyers fees be unlinked to malpractice verdicts:

The most irrational form of inequality of pay is a lawyer sucking up a 25%-33% contingency fee from a claim. It seems that in many cases, lawyers benefit more than the affected people. This is a terrible example of inequality of pay . . . An additional benefit of this proposal is that health care and court costs may decline as the more frivolous lawsuits are settled earlier and at a lower cost (and hopefully out of court) once lawyer compensation is not linked to the result of the lawsuit.

Brilliant.

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