Source: Niskanen Center
by Daniel Wilf-Townsend
“Our civil justice institutions are about 100 years old, dating back to the progressive era and the adoption of the Federal Rules of Civil Procedure. But the world has changed a lot since then. In particular, the number of transactions in society has exploded, as population growth, economic growth, and technological change have exponentially increased the activity in society that leads to disputes. Separately, alongside the rise in civil disputes, the cost of the time and attention of legally trained experts has skyrocketed, rising faster than inflation for generations.” (03/27/26)
https://www.niskanencenter.org/the-transaction-explosion-and-the-cost-of-judgment