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IDN 75 - American Exceptionalism: Geoffrey Hazard on U.S. Civil Justice v. the Rest of the World
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Why is U.S. justice so scary for the rest of the world? Why do European general counsel fear U.S. courts? It's not just the juries and the punitive damages, according to Geoffrey C. Hazard Jr., a legendary University of Pennsylvania Law School scholar and ethicist, who suggests that the problems with the U.S. court system are even deeper and more complex than its obvious features. "The [U.S.] civil law remedy of damages is regarded as a kind of offset or compensation adjustment," says Hazard, for regulatory failure, and the lack of a social safety net.
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