Many of the plaintiffs in frivolous lawsuits will have no assets. For this to work, the plaintiff's LAWYER must be personally liable for costs in any lawsuit declared frivolous.
There should be three possible verdicts in a civil lawsuit: finding for the plaintiff, finding for the defendant, and declaring the lawsuit frivolous. In the latter case, the filing lawyer needs to pay to teach him to know better.
Also, possible awards in personal injury lawsuits need to be capped to avoid the "jackpot" mentality. In cases where large punitive damages are appropriate, the money goes to the state's general fund, NOT to the plaintiff.
Very interesting indeed.