WASHINGTON — The U.S. Chamber’s Institute for Legal Reform (ILR) has released its survey ranking the states with the best and worst legal climates in the country. According to the survey, the states with the worst legal climates are California (46th), Alabama (47th), Mississippi (48th), Louisiana (49th), and West Virginia (50th). The states with the best legal climates are Delaware (1st), North Dakota (2nd), Nebraska (3rd), Indiana (4th), and Iowa (5th).
The survey also shows that a state’s legal climate affects how and where a company does business and creates jobs. Two-thirds of the 1,482 corporate lawyers and executives contacted say a state’s lawsuit environment is likely to impact important business decisions at their company, such as where to locate or expand their businesses. That is up 10% from just three years ago.
“With one in 10 Americans out of work and record-high jobless rates in states like California, states can no longer afford to discourage new business and new jobs as a result of a dysfunctional legal climate,” said Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform. “States, particularly those at the bottom of the list, desperately need more jobs, not more lawsuits.”
Harris Interactive conducted the survey “Lawsuit Climate 2010: Ranking the States” by telephone and online from Oct. 2009 to Jan. 2010. The respondents, general counsels and senior attorneys or executives in companies with annual revenues of at least $100 million, were asked to rank states for their overall treatment of tort, contract, and class action litigation. Among other elements, respondents also ranked states for the impartiality and competence of its judges and the fairness of its juries.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info