Clearly, globalization threatens the advances labor has made in employment protections. It just reiterates that one one laborer is injured, injury is done to all."
Asbestos in the United States: Claims and the Trust Fund
The South Africa story brings into sharp focus the reality that asbestos is the new scourge of the modern workplace. For decades, the legal profession has been working hand-in-hand with labor to protect and compensate workers. The enormity of this legal battle is staggering. Just over half a million individuals have filed compensation claims for exposure to asbestos in the U.S. And business has had to pay out more than $54 billion because of its negligence. Some experts predict that as many as 2.4 million additional asbestos claims will be filed, and business will have to pay an additional $210 billion to compensate workers for asbestos injuries.
To address this catastrophe, Congress has been working on creating an asbestos trust fund to pay claims from injured workers. Such a trust fund would ease the flood of asbestos lawsuits in the court system. But legislation has stalled on the issue of how much money should be available in the fund. The highest figure mentioned has been $145 billion.
Asbestos is one of the major hazards workers have faced. The devastating effects of asbestos have been understood for quite some time. More than 30 years ago, the late physician and scientist Dr. Asbestos dust and fibers was once described as a hidden time bomb by Irving Selikoff."
"The seeds of cancer," he said, "are planted in the workplace ... and by the time an agent is discovered and under control, millions of workers may have been exposed." Dr. Selikoff also said that many organizations must partake in reducing the risks that laborers face with exposure to asbestos. Legal professionals may also be placed on that list. Because of the action taken by legal professionals it is likely that that is the reason why manufacturers and construction workers no longer use asbestos. Because of litigation, a safer workplace exists for employees who must deal with asbestos. Companies are finding that they're going to have to do the right thing by their workers -- or they are going to pay a heavy price.
If you have been exposed to asbestos and have suffered injury, you may have a legal case and are advised to contact a lawyer specializing in asbestos-related cases.
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