More on Texas’s New Loser-pays Law

A couple of weeks ago, I was surprised and pleased to learn that Texas had adopted a “loser pays” reform of their legal system—surprised because such a reform is basically good for everyone else but bad for lawyers, and I figured that lawyers would never let it happen.  In the comments on that entry, we discussed the pros and cons of different possible variations on loser-pays laws.

National Review (July 4th, page 10) now gives us some details about the particular law Texas has passed; it’s a modest change to the system, impeccably sensible: