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32. Tillinghast-Towers Perrin, Tort Costs Trends: An International Perspective (New York, NY, 1995), Appendix 2.

33. Stephen Magee, William Brock, and Leslie Young, Black Hole Tariffs and Endogenous Policy Theory (New York, NY: Cambridge University Press, 1989) 111. 34. Wolfram (1986), 528 at note 21.

35. Insurance Research Council (1994), 61.

36. Lester Brickman, Michael Horowitz, and Jeffrey O'Connell, Rethinking Contingency Fees (New York, NY: The Manhattan Institute, 1994) note 34.

37. Stephen D. Susman, "A Case for a Cease Fire," Address to the Annual Meeting of the Tort and Insurance Practice Section of the American Bar Association, April 15, 1994.

38. Brickman, Horowitz, and O'Connell (1994). See also: Michael Horowitz, "The Case for Fundamental Tort Reform," Hudson Institute Briefing Paper No. 176 (May, 1995); and Michael Horowitz, "Making Ethics Real, Making Ethics Work: A Proposal for Contingency Fee Reform," Emory Law Journal 44, no. 1 (Winter 1995): 173-211.

39. For a discussion on how the reform would affect incentives faced by defense attorneys, see Horowitz, "Making Ethics Real" (1995), 183-93.

40. Association of Trial Lawyers of America, Keys to the Courthouse: Quick Facts on the Contingency Fee System (1994) 13.

41. Derek Bok, The Cost of Talent (New York, NY: Free Press, 1993), 140.

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