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Class Action Survey: Did Class Action Defense Spending in 2018 Continue its Upward Trend?

January 8, 2020 by Carlton Fields

Class action spending increased for a fourth consecutive year, to $2.46 billion in 2018, accounting for 11.1% of all litigation spending in the United States, according to the 2019 Carlton Fields Class Action Survey. While the number of companies that reported facing class actions in 2018 dropped slightly to 54%, the average number of matters per company increased from 6.3 in 2017 to 7.8 in 2018. Corporate spending on class actions increased nearly 10% in 2018. Spending and matters are expected to increase again in 2019, driven by anticipated increases in both matters and exposure.

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