Case filings for customer security, work and other kinds of class action lawsuits rebounded in 2023 after lower numbers in previous years
WEBWIRE — Friday, May 3, 2024
Lex Machina, a LexisNexis business, releasedits yearly Class Action Litigation Report. The report analyzes class action lawsuits patterns in federal district and appellate courts. Concentrating on the three-year duration from 2021 to 2023, it surveys emerging patterns in case filings, locations, judges, law office, celebrations, timing metrics, case resolutions, and damages. The report frequently concentrates on various sets of information, e.g., filtering cases in order to offer analytics on basic class action cases, civil liberties class action cases, customer defense class action cases, work class action cases, and class action appellate cases.
Our protection of class action lawsuits is among our current growths, and we take pride in the complex set of information and analytics that makes it possible for specialists to get important insights by filtering by practice location, class size, and damages, to name a few criteria, stated Laura Hopkins, Lex Machinas class action legal information professional and editor of the report. In this report, we share some top-level highlights from this effective dataset to expose some intriguing lawsuits patterns, consisting of the current uptick in numerous sets of class action cases in 2023. The result analytics in this report likewise show the high quantity of damages and lawyers costs granted in this practice location.
Findings from the report consist of:
- In 2023, 9,705 class action cases were submitted in federal district courts.
- In the three-year duration from 2021 to 2023, the greatest variety of class action cases was submitted in the Southern District of New York, while Judge Broderick from the Southern District of New York was the most active judge for class action cases.
- All of the most active complainants were people, while the most active accuseds consisted of a mix of monetary, retail, automobile, and tech corporations.
- In the three-year duration from 2021 to 2023, Stein Saks was the most active law office representing complainants in class action cases, while Dentons represented offenders in the greatest variety of class action cases.
- For class action cases that were interested a federal appellate court and ended from 2021 to 2023 with a choice on the benefits of the appeal, 33% were eventually reversed.
- $30.4 billion in overall damages were granted as Approved Class Action Settlements from 2021 to 2023.
Lex Machinas reports and software application allow professionals to design data-driven lawsuits techniques. The metrics in this report can assist readers choose who to pursue as customers, whether to submit a specific movement, or when to settle (and for just how much). This research study supplements conventional legal research study and anecdotal information for an one-upmanship in court.
Register here for a copy of the report: https://pages.lexmachina.com/2024-Class-Action-Report_LP.html
****
About LexisNexis Legal & & Professional
LexisNexis Legal & & Professional supplies legal, regulative, and service info and analytics that assist clients increase their performance, enhance decision-making, accomplish much better results, and advance the guideline of law all over the world. As a digital leader, the business was the very first to bring legal and organization info online with its Lexis and Nexis services. LexisNexis Legal & & Professional, which serves consumers in more than 150 nations with 11,800 workers worldwide, becomes part of RELX, an international company of information-based analytics and choice tools for expert and company clients.
About Lex Machina
Lex Machina basically alters how business and law office contend in business and practice of law. The business supplies tactical insights on judges, attorneys, law practice, celebrations, and other vital info throughout 22 federal practice locations and a quickly growing variety of state courts. Lex Machina enables law office and business to prepare for the habits and results that various legal methods will produce, allowing them to win cases and close organization.
Lex Machina was called Great Places to Work 2023-2024, among Legal Techs Most Promising Solution Providers (CIO Review Awards 2022), Greater Bay Area Top Workplaces 2022 (The San Francisco Chronicle Top Workplaces in the Bay Area 2022), Legal Tech Company of the Year 2021 (CIO Review, 2021), 2021 Legal Technology Trailblazer (National Law Journal Trailblazer Awards, 2021), Winner of the Media Excellence Award for Analytics/Big Data (13th Annual Media Excellence Award, 2021). Based in Silicon Valley, Lex Machina belongs to LexisNexis, a leading international service provider of legal, regulative, and service details and analytics. To find out more, please check outwww.lexmachina.com
(Press Release Image: https://photos.webwire.com/prmedia/6/321361/321361-1.png
WebWireID321361
This news material was set up by WebWire editorial personnel. Connecting is allowed.
Press Release Distribution and Press Release Circulation Services Offered by WebWire.