Word: tobacco
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Dates: during 2000-2009
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...least not just money. He is aiming to use his lawsuit to do what Bill and Hillary Clinton and the leaders of Congress have failed to do: rewrite the rules of American health care. If Scruggs succeeds, medicine will join a growing list of industries, from asbestos to tobacco to guns, that are being overhauled and regulated by trial lawyers and lawsuits rather than by elected officials...
...author and trial-lawyer foe. Corporate executives complain that the cost of fighting lawsuits, let alone losing them, drives up prices of products ranging from ladders to automobiles and holds down wages and job creation and profits. Adding to the outrage: many plaintiffs' lawyers are getting very rich. The tobacco-settlement legal fees--to be shared by more than 100 law firms--are already approaching $10 billion. Scruggs alone will get about a third of the $1.2 billion being paid to his firm...
Plaintiffs' lawyers retort that they are the only force in public life today that can be counted on to stand up for everyday Americans. "We're the last bastion," says Pensacola, Fla., trial lawyer Fred Levin, a key player in his state's tobacco litigation. "We're the last fighters available for the little guy." They say they've been on the right side of the big issues for decades, from getting air bags in cars to limiting tobacco companies' advertising to minors to forcing gun companies to install trigger locks...
...used his hundreds of millions of dollars in fees from asbestos and other "toxic tort" litigation to buy the local newspaper and a chunk of downtown real estate in his hometown of Beaumont, Texas. Maryland trial lawyer Peter Angelos, who has been involved in asbestos and tobacco litigation, owns the Baltimore Orioles...
Most of these lawyers grew up working class or as outsiders. Scruggs and most members of his tobacco and HMO litigation teams were born in the small-town South. Jamail is the son of Lebanese immigrants. Levin is the son of a Jewish pawnbroker. Angelos, a child of Greek immigrants, put himself through law school working in his family's tavern. Most started out small. Reaud began by representing workers in the East Texas petrochemical industry who had smashed their fingers and toes at work. In Levin's first case, he won a $50,000 verdict against an insurance company...