2018 Class Action Survey
Best Practices in Reducing Cost and Managing Risk in Class Action Litigation
Class action spending has risen for a third consecutive year, and is expected to increase again in 2018. Companies express concern about the intersection between regulatory proceedings and class action litigation. They continue to struggle with reduced staffing and to grapple with the best way to employ cost-saving measures such as alternative fee arrangements without sacrificing the quality of their defense efforts.
This installment of the Carlton Fields Class Action Survey is based on interviews with general counsel or senior legal officers at 385 companies of all sizes and business types. They shared their thoughts about class action exposure and best practices for class action management. We thank you for taking the time to review our survey, and trust you will find valuable information that helps your company and its legal department manage these prevalent, costly lawsuits both effectively and efficiently.