The Litigation Arms Race

"With the more specialized experts needed for today's personal injury lawsuits charging as much as $750 per hour -- triple the rate of five years ago -- or flat fees of as much as $15,000 per trial and experts setting the price of the average claim at $100,000 to prepare and another $100,000 to try, there's no question that litigation is becoming an expensive option for many plaintiffs," the Miami Daily Business Review reports here.