Adversarial proceedings in a year against large companies (lawsuits, arbitrations, and regulatory)
From about 103 companies with revenues greater than $1 billion, as reported in Fulbright & Jaworski’s Second Annual Litigation Trends Survey (2005, full report at 30-35), the average number of lawsuits brought against them in the last year was 64.6 (median 20, which probably means no asbestos defendants), arbitrations started against them averaged 10.6 (median 1.1), and regulatory proceedings against them averaged 9.9 (median 0.9).
The report does not state whether EEOC-type actions are included, nor whether workers comp claims are included in these numbers. Taking the figures as given, these medians for 100 billion dollar plus companies belie a litigation explosion. (See my post of today on proceedings brought by this set of companies.)
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