Litigation Cost as a Percentage of Profits and Losses
In the previous chapter, we explained how we derived the Litigation 100. In a nutshell, the Litigation 100 reranked the first 100 companies in 2013 Fortune 500 by the number of federal court cases to which each company was a party in 2012.
Besides the caseload rankings, the larger point is that we can now Âestimate the cost of commercial tort litigation per company per year.
After a downward adjustment, the litigation cost per case turned out to be about $350,000. Here, we multiply the caseload data by the cost per case, and so extend the Litigation 100 to show each companyâs estimated (federal court only) total commercial tort litigation cost in 2012.
|
2013 rank |
Get Preventing Litigation now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
