Law Would Force Patent Trolls To Pay For Failed Lawsuits Against Innovators
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Another meassure that keeps the number of law suits down is the obligation for the plaintiff to pay a court fee calculated as a percentage of his claim.
So yes, suing random people depends on having the financial means to stomach the losses. But in general, in this system you don't go to court without a good chance to win the case. Which is IMO the way it should be.
That said, individuals with little financial means may qualify for financial aid for court proceedings (sometimes combined with a reduced court fee).
Also, many standard family insurances and standard business insurances have coverage for legal costs.
Finally, many European countries have a wide range of complaint boards, which have speedy and informal proceedings (sometimes their decisions have binding effect).
In Europe we have had a bit of the same in the rulings of the Court of Justice of the European Union (in areas like free movement of goods, services and people,) and in the rulings from the European Court of Human Rights (in civil rights issues). In continental Europe such advancements have primarily come from legislative bodies, though.
Edit: I think it can help reduce the power divide that allows one litigant to abuse their wealth simply to intimidate. If they are not litigating justly, they will only harm themselves. I feel like it should be more broadly applicable for preventing abuse than the one parasitic example of patent trolls.
And TechCrunch is not journalism.