The weather may be gloomy but the climate is great. That’s a report on the legal business climate. “Please don’t feed the trial lawyers” — the semi-humorous title of a new report by the U.S. Chamber of Commerce, which concludes some states have a legal climate that drives away business. But not here.
That “2006 state Liability Systems Ranking Study” report concludes both Nebraska and Iowa are among the top five states in the nation for fairness, with laws that welcome businesses and let them flourish. Consumer groups object to the rankings, saying they took input from corporate lawyers and focus on limiting liability awards to customers who’ve been harmed by business practices.