Virginia is ranked #11 in the 2015 Lawsuit Climate Survey: Ranking the States falling four spots from the 2012 ranking.

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
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All Results for Virginia

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 »

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 »

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 »

In the News Today - December 5, 2013

December 05, 2013 | Insights

The SEC's co-director of enforcement said that "FCPA 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 »

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 »

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 »

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 »

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 »

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