U.S. businesses are reporting a drop in the number of lawsuits filed against them and the number of lawsuits they are filing as well.
Seventeen percent of the in-house counsel at 250 major U.S. corporations said their companies did not have to defend against a single lawsuit in the past year, a sharp jump from the 11 percent who indicated they were facing a lawsuit between 2005 and 2006, according to an annual survey by the international law firm Fulbright Jaworski LLP.
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