Word: shernoff
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Dates: during 1978-1978
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...willingness of Americans to bring suit. Insurers are pressing for legislation to ease their burden by shortening statutes of limitation, putting a lid on lawyer contingency fees, and setting up Government reinsurance funds. But plaintiffs' lawyers insist that large awards often benefit society. Says Claremont, Calif, Lawyer William Shernoff: "I've seen case after case in which a company reformed shoddy business practices after being hit with punitive damages. It really works...