FOR IMMEDIATE RELEASE:
April 11, 2016
Contact: Phoebe Stonbely
New York Plaintiffs’ Lawyer Lobby Spending Continues to Increase Despite Corruption Exposure
For the sixth consecutive year, plaintiffs’ lawyer lobbying spend surged, a 64% increase since 2010
(Albany, NY) – Today, the Lawsuit Reform Alliance of New York (LRANY), a nonpartisan, nonprofit association focused on statewide civil justice reform, released their annual “Power of Attorney” report, which analyzes the lobbying spending and political contributions of New York’s plaintiffs’ lawyer lobby. The report found that in 2015, plaintiffs’ lawyers, their lobbying groups, and associated Political Action Committees (PACs) spent a combined $2.64 million to influence state elected officials.
The report identified over $450,000 in campaign contributions from PACs of the state’s two plaintiffs’ lawyer special interest groups, the New York State Trial Lawyers Association (NYSTLA) and the New York State Academy of Trial Lawyers (NYSATL). Additionally, the groups spent $1.38 million in lobbying – a 10% increase over the prior year and a 64% increase since 2010. The substantial increase surprised the reports’ authors given that 2015 was not an election year.
“This 64% increase far outpaces inflation, revealing a continued return for the trial lawyers on their investment in Albany politics,” said Tom Stebbins, Executive Director of LRANY.
Stebbins explained that this report exposes what he dubbed “a vicious cycle of corruption” within the New York State legislature, “personal injury trial lawyers continue to make money from Albany policies, and put more and more of that money back into the pockets of Albany politicians, who, in turn, maintain those trial lawyer-friendly policies.”
The report concluded that the fiduciary influence of the trial lawyer special interest is a ‘significant roadblock to common sense lawsuit reform.’
Stebbins stressed, “This report is proof of the trial lawyer lobby’s role as ‘puppet masters’ of the state legislature, pulling strings to target the key committees to keep their ‘vicious cycle of corruption’ rolling. We only hope that the continued exposure of the crooked practices in our state government will lead to the past due positive changes New Yorkers have been waiting for.”
A digital copy of the report can be found here: http://bit.ly/22ifa0I
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The Lawsuit Reform Alliance of New York (LRANY) is a nonpartisan not-for-profit association of businesses, professionals, healthcare providers, membership organizations, taxpayers, and concerned citizens committed to changing New York’s legal system to help create jobs and energize our economy.