What you are describing is a form of tort reform...there are many ways to achieve this, including, but not limited to:

If a lawsuit is deemed frivilous, the party bringing about the suit must pay the costs of the defendant.

Limit (or cap) awards juries can award and/or permit the judge to reduce (or raise) awards.

Limit (or cap) awards period.

Limit the contingency fee for the plaintiff's lawyer. Most lawyers will take your case "for free" and if they/you win, they take 33% of your settlement. Force the limit to be a mere 5%, and you'll get rid of half the lawsuits in a heartbeat.

Restrict industry-breaking class action suit settlements. Crippling an industry, even for horrible wrongs, does not promote growth and costs everyone more down the road.

Again, these are just a few examples of tort reform. They'll never pass Congress though...why? Most legislators are also lawyers! Where else can you write the laws that you also play by! Great work if you can get it.