Survey: Texas Biz Predict More Litigation, but Facts Don’t Support View

Corporate general counsel in Texas and across the U.S. predict they will face an increase in lawsuits and government regulatory actions that will cost their businesses more money, according to a new survey by Texas-based law firm Norton Rose Fulbright.

The study, however, shows that significantly fewer companies face lawsuits seeking $20 million or more in damages than in previous years and that the actual litigation budgets of the businesses in the survey have been essentially flat for the past few years.