Less than half of companies defending class actions use alternative fee arrangements to manage costs, according to the 2023 Carlton Fields Class Action Survey. Companies reported that the factors contributing to the low usage of AFAs include increased turnover of in-house attorneys, law firm turnover, and more law firm resistance due to demand for legal services exceeding supply.
About Carlton Fields
Related Articles
- Class Action Survey: Did Class Action Defense Spending in 2022 Continue Its Upward Trend?
- Class Action Survey: What Types of Class Action Matters Are Most Prevalent? Two Types Have Driven the Bulk of Class Action Spending Over the Last Five Years
- Class Action Survey: Companies Perceive Consumer Fraud Class Actions as Posing the Biggest Risk