In an opinion piece published on NorthJersey.com, Tom Stebbins, Interim President of the New Jersey Civil Justice Institute (NJCJI), urged lawmakers in both New Jersey and New York to prioritize lawsuit reform as a means to address affordability issues. Stebbins argued that abuse of the legal system imposes significant costs on consumers and small businesses.
He stated, "With legal system abuse costing consumers billions, reform is essential to tackle affordability and protect small businesses."
Stebbins’ comments reflect ongoing debates about the impact of litigation costs on regional economies. The call for reform comes amid concerns from business owners and advocacy groups who say that current legal practices drive up operational expenses and insurance premiums, which can be passed on to consumers.
The NJCJI continues to advocate for legislative changes it believes will make the state more attractive for business investment while ensuring fairness in the courts.
