Fulbright's Litigation Survey: Companies Experience New Litigation, Corporate Counsel Anticipate More

Fulbright's Litigation Survey: Companies Experience New Litigation, Corporate Counsel Anticipate More

Companies are seeing a litigation wave that corporate counsel expect to swell in 2010, according to the results of Fulbright & Jaworski’s 6th Annual Litigtion Trends Survey Report, the law firm reported Oct. 15.
 
Corporate counsel say they are anticipating a big year of litigation, with 42 percent of U.S. respondents anticipating an increase in legal disputes their companies will face in the next 12 months, an increase of 34 percent over last year.
 
In 2010, respondents from large-cap companies reported the highest expectation of litigation, with 52 percent forecasting an increase in legal disputes, while 47 percent of public company respondents foresee an increase. The economy was cited as the primary reason for these expectations by 38 percent of U.S. respondents and 34 percent of U.K. respondents.
 
This is the sixth year that Fulbright has polled corporate law departments in the United States and U.K. on the state of global litigation. The survey, initially launched by Fulbright in 2004, is the largest canvas of corporate counsel on litigation issues and trends.
 
Fulbright’s 6th Annual Litigation Trends Survey Report was conducted from May through July by Greenwood Associates, a business research firm in Houston that has produced previous editions of the report. The survey reflects information collected from 408 company lawyers — 13 percent more respondents than last year — most of whom identify themselves as either general counsel or head of litigation. Companies polled are both public and private, and span industry groups, from education to energy, engineering, financial services, health care, insurance, manufacturing, real estate, retail and technology. A quarter of respondents do business in at least 11 countries.
 
Read Fulbright & Jaworski’s full article about its 6th annual Litigation Trends Survey Report.   There is a link on the article page for downloading the report.