Average Corporate Lawsuits Top 300

December 14th, 2006 by SpectoWise

From a survey of 311 in-house lawyers by Fulbright & Jaworski, LLP.

The Average American company is a defendant is 305 lawsuits pending worldwide concludes a new survey, with insurers facing the most individual lawsuits (1,696 per company on average.) A third of those surveyed are defendants in one or more class actions.

Percentage of companies facing at least one U.S. class action, by industry:

INSURANCE: 69%
RETAIL/WHOLESALE: 65%
MANUFACTURING: 51%
BANKING/FINANCIAL SERVICES: 43%

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