Read through the thread and am with all of you on many points EXCEPT the notion that the impact will be far less than what the Catholic church has swallowed. I'm thinking about this in three of many areas...
POPULATION
To my knowledge, the Catholic church has never paid out for an adherent (adherents were reported - not hidden), it's paying out for its priests. We all know that as a ministerial servant, Conti's abuser was the equivalent of an adherent but because of their policies, they are being forced to pay for his wrongdoing. With 1.4 million US adherents (as opposed to 42,000 US priests) and 7 million worldwide adherents (as compared to 400,000 priests), can we really surmise that the impact would be less? Even removing the females to normalize the demographics of the sampling, we are still looking at numbers that are off the charts.
REVENUES
This is a no-brainer. The WT does not, will not, and can not have the financial resources of the Catholic Church. Period.
LEGAL COSTS
NOW, consider the next layer - the legal costs. Sadly, the WT is defending their practices and protecting the organization - not the elders that will be wrapped up in the mess the policies have created. Conversely, the Catholic Church could not and would not have extricated itself from those who served to represent the faith. They paid out.
Just as we exponentially increased the number of potential abusers, you have to exponentially increase the number of legal proceedings. Folks... each country, state, county, municipality, region has variant laws that have to be researched for briefs and motions. We're not talking about a couple of lawyers and clerks here.... This defense is costing the WT MILLIONS. And each claimant is trying to get a piece before the faith goes belly up....
I have read posts suggesting that the WT is attempting to decrease its liability by changing things that will make the elders carry more of the liability. Many on this board know what happens when one falls victim to WT policy... THEY END UP HERE!