re: Does anyone hope that the La. legislature will pass a "loser pays" law?

LAl is fricking shittastic place for my industry to litigate. That has nothing to do with the rules or statutes. Even the conservative parts of the state can be awful for big defendants.

Note that even given that, litigation costs are a tiny component in our overall costs. Anyone who believes legacy lawsuits move the needle on o/g development are completely incorrect. That said they suck arse to defend.