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The loser's max liability will be what he paid his own lawyers, not what the other party paid theirs. Thus, you cannot spend your opponent into oblivion.

A better formula for what loser pays would be:

    min(what you paid your lawyers, what the other side paid their lawyers)



And what about pro se litigants?

https://en.wikipedia.org/wiki/Pro_se_legal_representation_in...

For individuals, representing oneself pro se is extremely common.

Corporations must have an attorney, of course.


Their legal liability would then be $0. It wouldn't be worse than it is now.




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