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Class Action Survey: Settle Early or “Defend At All Costs”? Corporate Counsel Weigh in on Class Action Defense Strategies

January 29, 2020 by Carlton Fields

With increased volume and exposure, more companies facing class actions are employing a case-by-case approach to formulate their defense strategy. In 2018, a majority of companies — 53.2% — assessed each class action separately to defend “at the right cost.” This is up from 39.6% of companies in 2017. Only 10.6% say they prefer to settle such matters early, while 21.3% take an aggressive stance and 14.9% employ a “defend at all costs” strategy.

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