J Thomas on May 15, 2011, 08:24:46 pm
From the observed conduct of businesses, it is perfectly clear that the cases where lawyers and fake victims get far too much vastly outweigh X, Y, Z, A, B, and C.

You can't put a number on it.

I can put a relative magnitude on it - that an enormous amount of effort and  ingenuity is applied to avoid baseless lawsuits, therefore baseless lawsuits far outweigh legitimate lawsuits in their costs to legitimate business.

That is bogus reasoning. I'll prove it:

An enormous amount of effort and ingenuity has been put into AGW. Therefore AGW is real.

What is real is that if people persuade other people that AGW is real, a lot of money and power gets transferred from group A to group B.  The same thing is real about baseless lawsuits.

Exactly! If people persuade other people that they will be subject to baseless lawsuits unless they follow advice to prevent it, a lot of money and power gets transferred. Whether there are more than a handful of successful baseless lawsuits or not.