Average Corporate Lawsuits Top 300
December 14th, 2006 by SpectoWiseFrom 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%