New York

New York is ranked #21 in the 2015 Lawsuit Climate Survey: Ranking the States. Although New York City was named one of the cities or counties with the least fair and reasonable litigation environments, the state overall was second in the country for having and enforcing meaningful venue requirements, and fourth for its handling of scientific and technical evidence.

New York at a Glance

NERA Study: Impact of Lawsuit Reform Get the Full Report
$4,320 Potential Tort Cost
Reduction ($1,000,000)
0.84% - 2.27% Potential Increase
in Employment
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All Results for New York

In the News Today - May 24, 2016

May 24, 2016 | Insights

Bank of America Penalty Thrown Out: The Second U.S. Circuit Court of Appeals "dealt the Obama administration a major setback in its efforts to levy tough fines on corporations and executives, overturning a civil mortgage-fraud case against Bank of America." Read More »

WSJ Criticizes U.S. Attorney for Fighting Case over Wrongful Insider Trading Prosecution

May 10, 2016 | Insights

The Wall Street Journal editorial board rips U.S. Attorney Preet Bharara for challenging an order allowing a lawsuit by former hedge fund manager David Ganek against Bharara's office. Read More »

Former NY House Speaker Silver Sentenced to 12 Years in Prison

May 04, 2016 | Insights

Former New York Assembly Speaker Sheldon Silver was sentenced to 12 years in prison, "ordered to pay a fine of $1.75 million and forfeit about $5.3 million he reaped from the criminal schemes of which he was convicted," reports the Wall Street Journal. Read More »

In the News Today - April 22, 2016

April 22, 2016 | Insights

Prosecutors Ask for Additional Jail Time for Sheldon Silver: Prosecutors asked a federal judge to sentence convicted former New York Assembly Speaker Sheldon Silver to more prison time than the 10 years suggested by the Probation Department. Read More »

In the News Today - April 14, 2016

April 14, 2016 | Insights

Woman Walks into Ladder While "Engrossed" in her Cellphone; Jury Awards Her $161,000: They say that walking under a ladder will bring a person bad luck. Apparently, walking into that same ladder while texting will bring you a pot of gold... or, $161,000, to be exact. Read More »

In Wake of Silver Conviction, New York Assembly Democrats Sponsor Asbestos Trust Transparency Bill

April 11, 2016 | Insights

Eight New York Assembly Democrats are sponsoring an asbestos trust transparency bill, reports Forbes/Legal Newsline. This comes in the wake of the conviction of former Assembly Speaker Sheldon Silver over charges he steered state grant money to a doctor whose asbestos research center then referred patients to a law firm, resulting in millions in fees for Silver. Read More »

In the News Today - April 1, 2016

April 01, 2016 | Insights

ILR Applauds Signing of Utah Law to Curb Asbestos Fraud: "Utah's new law aimed at stopping plaintiffs' lawyer 'double dipping' is a significant step toward fighting asbestos lawsuit abuse," said ILR President Lisa A. Rickard in a statement. Read More »

NY Times, WSJ On Same Page About Accusations of Overreach by US Attorney Bharara

March 15, 2016 | Insights

It's not often that the Wall Street Journal editorial board and the New York Times are on the same page, but it appears a lawsuit targeting potential overreach by Manhattan U.S. Attorney Preet Bharara's office has brought the two newspapers together. Read More »

WSJ: U.S. Attorney Bharara May Answer for 'Abuses of his Prosecutorial Power'

March 11, 2016 | Insights

"Wall Street holy warrior Preet Bharara (the U.S. Attorney for the Southern District of New York) may finally answer for abuses of his prosecutorial power," writes the Wall Street Journal editorial board. Read More »

In the News Today - January 22, 2016

January 22, 2016 | Insights

Indicted Plaintiffs Attorney to Represent Himself in Criminal Trial: A Mississippi federal judge this week agreed to allow Texas-based plaintiffs' attorney Mikal Watts to represent himself in the criminal case against him over charges of "vastly inflating the number of claimants for a $2.3 billion seafood compensation program" related to the Gulf oil spill. The 95-count indictment against Watts and others include charges of conspiracy, wire fraud, mail fraud, identify theft, and aggravated identity theft. (The Sun Herald and Law360) Read More »

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