Virginia

Virginia has one of the best lawsuit climates in the country, ranked 7th out of 50 states — and consistently ranked among the Top 10 lawsuit climates in the country.

Virginia at a Glance

NERA Study: Impact of Lawsuit Reform Get the Full Report
$453 Potential Tort Cost
Reduction ($1,000,000)
0.30% - 0.81% Potential Increase
in Employment

All Results for Virginia

Virginia Sues 13 Banks for $1.15 Billion

September 17, 2014 | Insights

A lawsuit filed by Virginia's attorney general seeks to extract $1.15 billion from 13 big banks and financial firms, some of whom have recently paid out huge settlements to the DOJ. Read More »

Tags: Legal Ethics, Virginia

In the News Today - December 6, 2013

December 06, 2013 | Insights

By a vote of 325-91, the House of Representatives passed the Innovation Act, a bill aimed at discouraging frivolous patent litigation. Read More »

Tags: California, Virginia

In the News Today - December 5, 2013

December 05, 2013 | Insights

The SEC's co-director of enforcement said that "FCPA law...is not well developed" at a recent event. The FCPA Professor calls the comment the most notable - and candid - statement by an FCPA enforcement official in recent years. Read More »

Tags: Foreign Corrupt Practices Act, Asbestos, Virginia, Illinois

In the News Today - November 18, 2013

November 18, 2013 | Insights

Irvington, NJ is moving forward with a plan to use eminent domain to seize mortgages that are in foreclosure, becoming the second city to do so. Read More »

Tags: Class Actions, False Claims Act, New Jersey, Virginia

More Companies Asking For Action on Patent Trolls

October 28, 2013 | Insights

Patent trolls have become so prevalent that even companies with few or no patents are now demanding change. Read More »

Tags: Lawsuit Abuse Impact, Virginia

The 2012 State Liability Systems Ranking Study

March 01, 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 »

Tags: State Legal Reforms, Wyoming, Wisconsin, West Virginia, Washington, Virginia, Vermont, Utah, Texas, Tennessee, South Dakota, South Carolina, Rhode Island, Pennsylvania, Oregon, Oklahoma, Ohio, North Dakota, North Carolina, New York, New Mexico, New Jersey, New Hampshire, Nevada, Nebraska, Montana, Missouri, Mississippi, Minnesota, Michigan, Massachusetts, Maryland, Maine, Louisiana, Kentucky, Kansas, Iowa, Indiana, Illinois, Idaho, Hawaii, Georgia, Florida, Delaware, Connecticut, Colorado, California, Arkansas, Arizona, Alaska, Alabama

The Liability Climate in the States: Costs, Reforms and the Potential Impact on Jobs with Special Remarks by Governor Robert F. McDonnell

October 26, 2011 | Video

This panel at the 12th Annual Legal Reform Summit on October 26, 2011 examined the legal climate in the states, reforms and the impact on employment and business activity. It featured special remarks by Virginia Governor Robert F. McDonnell. Watch »

Tags: State Legal Reforms, Medical Liability, Virginia, Texas

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