The U.S. Chamber Institute for Legal Reform’s 11th Annual Legal Reform Summit took place on October 27, 2010 at the U.S. Chamber of Commerce in Washington, DC.
Kenneth R. Feinberg, the keynote speaker, presented an alternative model to traditional litigation for settling claims resulting from major disasters like the Gulf of Mexico oil spill. Drawing from his experience as Independent Claims Adjuster for the BP Deepwater Horizon Spill Disaster Victim Compensation Fund and former manager of the 9/11 Victims Compensation Fund, Feinberg headed the Summit which focused on lawsuit abuse during a major economic downturn.
â€œThe case is clear: lawsuit abuse is a major problem that threatens the ability of American businesses, large and small, to recover from the current economic situation and create jobs,â€ said ILR President Lisa Rickard.
ILR showcased speakers and panels on key topics and presented a number of new research studies which should further the legal reform debate.
Another highlight of the Summit was a discussion about the November 2010 elections with political strategists Terry McAullife, the former Democratic National Committee Chairman, and Ed Gillespie, the former Republican National Committee Chairman, and moderated by Morton M. Kondracke, the Executive Director and Columnist,Â Roll Call.
Legal reform leaders held panels on a number of relevant topics, including: Navigating a Global Marketplace, The Spillover Effect, Getting Our Financial House in Order, Move to the Head of the Class, and Focusing on Fraud and Abuse in Litigation.
The Summit also held the 2010 Legal Reform Awards which honor organizations and people whose work has helped create a better judicial system for our country.
To view the archived video footage of the keynote address and afternoon panels, visit here:Â C-Span
For more information on the summit, visit its website:http://www.legalreformsummit.com/