Legal System Summary
Tennessee’s lawsuit system performs just in the top half of states’. Business litigators surveyed in 2015 ranked Tennessee 23rd in the nation at producing fair and reasonable justice. In the last few years, comprehensive lawsuit reform legislation passed by the Tennessee Legislature has been implemented and the state should see gradual improvement in its outlook.
Potential Employment Increase
Range: 0.37 - 1.01%
NERA Economic Consulting completed a study quantifying the economic impact of passing a bevy of lawsuit reforms. According to the report, passage of a complete package of lawsuit reforms could increase employment in Tennessee between 0.37 and 1.01%.