This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Rise In Certain Types Of Claims Benefits Citizens, According To Law Offices Of Burg & Brock

LOS ANGELES, Oct. 4, 2012 /PRNewswire/ -- At the Law Offices of Burg & Brock, Inc. your personal injury case is treated with respect, and their legal team will fight long and hard to make the courts work for you.

For the past few years, depending on which survey you read, statistics have pointed to either a very slight, or sometimes a noticeable rise in certain kinds of claims in The United States. The modest shift might point to a larger trend in personal injury law.

Cameron Brock, leading personal injury attorney in Los Angeles, provides a history lesson that puts this in context. He says in the 1990s, media pundits popularized the term "frivolous lawsuit" to describe almost any lawsuit by an injured plaintiff against a large, possibly wealthy defendant. An example, in which a woman reportedly sued a popular fast food chain for spilling coffee on her lap, was particularly egregious. While the reality of the case (as medical records and other purely factual accounts bear out) is that the woman was severely injured and hospitalized after the drive-thru spill incident.

According to Brock, perhaps the most reputable personal injury lawyer in Los Angeles, the six o'clock news version of events, seemed to portray a greedy woman who, after being coaxed by her personal injury lawyer, was suing for a fortune after the coffee caused a moment's discomfort.

This case and others like it popularized a component of many political platforms known as "tort reform" in the 1990s. Many politicians of the age pointed to the ways in which lawsuits halted economic progress by forcing corporations to pay out in response to so-called "frivolous" claims.

And so it came to pass in the popular consciousness that suing a large corporation over a personal injury was regarded as an act of desperation and greed. According to Brock, it's something else entirely: "a private citizen exercising their constitutional right to fight back against the negligence of the monolithic insurance companies and other corporations that, while economically essential in this country, require the occasional course correction that can sometimes only be brought about by litigation."

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,057.40 +44.51 2.21%
NASDAQ 4,743.2230 +98.9110 2.13%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs