A lawlsuit is a frivolous lawsuit; one that makes everyone lawl. It is less vicious than giving someone a stevejob, as the primary intent of a stevejob is to screw someone over, whereas a lawlsuit is more about a desperate need to litigate in hopes of receiving a truckload of money.
"Judge Judy is a veritable goldmine of lawlsuits - just last week they featured a man suing his neighbour over a washing machine!"
by ckoowh March 7, 2010