No, it's anti lawyer. Consumers are doing fine. Consumer watchdogs have actual teeth and when companies are found to have misbehaved the penalties can be quite severe.

The difference is that consumers don't usually get rich from suing companies, we don't have a 'legal lottery' for every little thing that spoils your day and that you feel grieved about. That higher barrier keeps the courts free for stuff that is important and at the same time makes sure that we don't end up with a climate where everybody is suing everybody else all the time.