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Archived updates for Wednesday, October 27, 2004

Litigation Trends Survey Findings

Click here for "Fulbright's Corporate Couinsel Litigation Trends Survey Findings." Among the conclusions:
  • the meadian number of pending cases for billion dollar companies is 86, up from 80 three years ago
  • over 88% of companies regularly or sometimes file lawsuits
  • more than two thirds of corporate counsel cite predictable costs as their biggest concern
  • the most popular method of controlling costs is the use of scanned databases
  • the least popular cost control method is real-time tracking of budgetes v. actual costs
  • 80% of corporations use hourly billing arrangements
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