Insurance company attorneys survey.Law firm Fulbright Ful·bright , J(ames) William 1905-1995. American politician who as U.S. senator from Arkansas (1945-1975) proposed the Fulbright Act (1946), which established an exchange program for American and foreign educators and students. & Jaworski Jaworski is a Polish surname and may refer to:
When a person begins a civil lawsuit, the person enters into a process called litigation. Trends Survey. Participating companies were drawn from 41 states and eight major business groups including the insurance industry. The survey reveals respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. ranked labor and employment as their No. 1 litigation exposures, followed by contract disputes.
Median Number of Outside Law
Firms Employed by Industry
Insurers continue to be the largest users
of outside law firms.
Three
Industry Years Ago Today
Financial 8.5 9.6
Manufacturing 11 14.8
Energy 10 8.5
Technology/Communications 8.7 8.5
Health Care 7.3 7.8
Retail/Wholesale 11.5 13.1
Real Estate/Developer 10 12
Insurance 22.4 24.4
Source: Fulbright & Jaworski L.L.P.
Top Litigation Concerns for Insurers
Insurers worry more about labor and employment disputes than
class-action lawsuits.
Percentage of Respondents
Antitrust/
Labor/ Contract Class Professional Trade
Employment Disputes Actions Service Liablity Regulation
43% 36% 29% 29% 14%
Product Real
Liability Estate
7% 7%
Source: Fulbright & Jaworski L.L.P.
Number of Cases in Litigation in United States Today by Industry
In terms of active cases, the insurance industry faces the largest
number of court cases among industries polled.
Industry of Respondent
Tech/
Number Finance Manufacturing Energy Comm.
None 12% 10% 9% 27%
1-5 27% 17% 22% 27%
6-20 19% 28% 25% 19%
21-99 12% 24% 16% 15%
100 or More 30% 21% 28% 12%
Total 100% 100% 100% 100%
Median 13.7 17.3 17.1 4.5
Industry of Respondent
Health Wholesale Real
Number Care Retail Estate Insurance
None 0% 0% 15% 0%
1-5 25% 44% 38% 25%
6-20 17% 22% 8% 0%
21-99 37% 22% 24% 8%
100 or More 21% 12% 15% 67%
Total 100% 100% 100% 100%
Median 37.3 9.1 4.6 151.5
Source: Fulbright & Jaworski L.L.P.
For more legal news turn to the Regulatory/Law section on pages 70-76.
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