In-House Staffing for Class Actions Continues to Decline
The number of in-house attorneys managing class actions varies widely by company. Although a handful of organizations report as many as 20 attorneys work on class actions, on average, companies rely on three to four attorneys to handle their class action work.
As fewer in-house attorneys are dedicated to class action management, organizations rely and spend more on trusted outside counsel. Reduced internal staffing, however, increases the number of hours each individual spends managing class actions.
In-House Attorney Time Spent Managing Class Actions Rises
For the second consecutive year, in-house attorney time spent managing class actions increased.