1/7/2009
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Moreover, with the lawyers fees in the tobacco settlement running into the hundreds of millions, even billions, many of those trial lawyers have had a lot more to donate this election cycle. More than a half-dozen law firms involved in the tobacco settlement have each given the Democratic Party more than $100,000 in the unlimited, unregulated donations known as soft money, some writing checks as large as $400,000.
We dont have the kind of target operation that trial lawyers do, said Victor Schwartz, general counsel of the American Tort Reform Association, a Washington lobbying group. When business makes donations, they do to those who support a whole multiplicity of issues. Our members are not single issue people.
The Democratic haul was more than double the $1.12 million in soft money donations from trial lawyers in 1995, the year prior to the last presidential race. And, the largest portion of the 1999 money, $1.65 million, went to a Democratic Party committee supporting Congressional candidates, reflecting the view of many trial lawyers that a Democratically controlled House could halt tort reform.
In addition to soft money donations, which could be given to political parties in unlimited amounts, the Association of Trial Lawyers of America Political Action Committee has already made $658,000 in donations directly to individual Democratic candidates and to party committees. This political action committee, with its own fund-raising now in full swing, has been one of the largest in each campaign cycle -- in the 1996 election it raised $5.1 million.
It would be very, very horrifying to trial lawyers if Bush were elected, said John P. Coale, a Washington lawyer involved in the tobacco litigation, who has given over $70,000 to the Democrats. To combat that, we want to make sure we have a Democratic president, House and Senate. There is some serious tobacco money being spread around.
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