Healthcare companies face more pending lawsuits than any other U.S. industry, an average of 64 each compared with an average of 37 each for all types U.S. companies, according to a survey of 304 general counsels for international law firm Fulbright & Jaworski. The survey did not break down results by type of healthcare company, combining providers, payers and suppliers into one category. Healthcare companies staffed five in-house attorneys, on average, to manage litigation, and 15% had legal budgets exceeding 5% of gross revenue. Energy companies had the next highest average number of pending lawsuits at 49. Overall, 87% of U.S. companies surveyed were engaged in litigation, with the average billion-dollar company juggling 147 suits at a time. The survey covered more than 10 industries, with 10% of respondents in healthcare. Read a summary. -- by Mark Taylor
Healthcare firms face most suits of any industry: survey
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