Class Action Spending Continues to Rise
Class action spending reached $2.17 billion in 2016. This sum accounts for 11.2 percent of all litigation spending in the United States, up from 10.8 percent in 2015.
The Trend of Increased Class Action Spending is Expected to Continue in 2017
Class action spending rose to $2.17 billion, up from $2.10 billion in 2015, and is projected to climb to $2.22 billion in 2017. This upward trend began in 2015, after four straight years of decline.