New Mexico

New Mexico is ranked #45 in the 2015 Lawsuit Climate Survey: Ranking the States. It also is in the bottom five of five separate elements of the liability system contained in the survey.

New Mexico at a Glance

NERA Study: Impact of Lawsuit Reform Get the Full Report
$340 Potential Tort Cost
Reduction ($1,000,000)
0.73% - 1.98% Potential Increase
in Employment
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All Results for New Mexico

Survey: Companies Say State Lawsuit Climates More Important than Ever in Deciding Where to Grow

September 10, 2015 | Press Release

New Poll Shows Several Large States Like California and Illinois Rank Among the Worst Litigation Environments for Businesses; Delaware at Top Spot Read More »

In the News Today - August 31, 2015

August 31, 2015 | Insights

Insurance Journal highlights the call by U.S. Senators Grassley and Cornyn for greater transparency by the litigation finance industry. The story notes that, "the U.S. Chamber of Commerce, for one, has derided this activity as 'a sophisticated scheme for gambling on litigation' that allegedly fuels abusive suits and creates conflicts of interest." (Insurance Journal) Read More »

In the News Today - March 26, 2015

March 26, 2015 | Insights

As U.S. banks prepare their first quarter reports, many are concerned that sharing information about their coffers for potential legal settlements with the government will "paint a target" on their backs, causing regulators to aim for larger settlements than they would otherwise. (Global Legal Post) Read More »

The 2012 State Liability Systems Ranking Study

September 10, 2012 | Research

The 2012 State Liability Systems Ranking Study was conducted for the U.S. Chamber Institute for Legal Reform to explore how fair and reasonable the states' tort liability systems are perceived to be by U.S. businesses. Participants in the survey were comprised of a national sample of 1,125 in-house general counsel, senior litigators or attorneys, and other senior executives who indicated that they are knowledgeable about litigation matters at companies with at least $100 million in annual revenues. The 2012 ranking builds on previous years' work, where in each survey year all 50 states are ranked by those familiar with the litigation environment in that state. Prior to these rankings, information regarding the attitudes of the business world toward the legal systems in each of the states had been largely anecdotal. The State Liability Systems Ranking Study aims to quantify how corporate attorneys view the state systems. Read More »

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