From Jim Rogers’ “Street Smarts” (worth a read)

“Litigation is one of the healthiest growth industries in America.  The United States has more lawyers than all other nations combined.  The explosion of litigation accounts for a significant part of the expense of doing business in this country.  The staggering cost of protecting oneself from lawsuits, double-checking, triple-checking everything, whether in business, education, or health care, is a driving force in decreasing the nation’s competitiveness internationally.”