AT ONE POINT, asbestos - the building material, was very popular among builders because of its resistance to heat and chemical damage and also because of its strength and sound absorption. Then, it turned out that people who inhale asbestos fibers for a long time tend to come down with various diseases, such as asbestos warts - that's when sharp asbestos fibers lodge in the skin, various lung impairments and mesothelioma - a rare form of cancer that is almost always caused by exposure to asbestos. Once it was conclusively proven that mesothelioma is caused by asbestos - you guessed it - the lawsuits began. The first lawsuits against asbestos manufacturers were brought in 1929. And they never stopped. By the early 1990s, more than half of the 25 biggest asbestos manufacturers in the United States filed for bankruptcy.
In 1999, alarmed by the prospect of the demise of the industry that consistently paid out large sums of money to claimants (and their faithful mesothelioma attorneys), the Congress introduced Fairness in Asbestos Compensation Act which was used to determine which plaintiffs who claimed to be harmed by asbestos were actually well, harmed by asbestos. This Act was necessary because thousands of false claims were costing companies billions and many of them had to file for bankruptcy.
You might think that the feeding frenzy is over and that mesothelioma attorneys are a dying breed. Well, nothing could be further from the truth. The rate with with people are diagnosed with mesothelioma and other asbestos-related diseases will actually increase during the next decade and mesothelioma lawyers stand to recover up to $200 billion for their clients. You can be one of those lawyers.