Businesses in Texas and across the U.S. continue to spend more and more money on legal fees to fight high-stakes litigation and to deal with a growing number of regulatory enforcement actions from state, local and federal government agencies, according to a new survey scheduled to be released Tuesday.
Norton Rose Fulbright’s 10th Annual Litigation Trends Survey found that 71 percent of corporations spent $1 million or more on litigation costs in 2013 – up from 53 percent the two previous years. More than 26 percent of companies saw their litigation costs exceed $10 million last year – an . . .
You must be a subscriber to The Texas Lawbook to access this content.
Not a subscriber? Sign up for The Texas Lawbook.