Lex Machina is excited to release its first Contracts Litigation Report. In 2018, Lex Machina replaced and expanded its Commercial module to include non-commercial cases, including individual, class action, and government lawsuits. Now encompassing over 146,000 U.S. District Court cases from the last decade, Lex Machina’s Contracts Litigation Module represents the most comprehensive and accurate dataset available for analyzing breach of contract claims litigation in the federal courts.
Highlights include:
- The top jurisdiction for federal contracts litigation case filings from 2016 to 2018 was the Central District of California (nearly 7.5% of filings) followed by district courts in New York, New Jersey, Illinois and Florida.
- Nearly $5.2 billion in contracts damages, over $936 million in tort compensatory damages, and over $872 million in class action settlement damages were awarded from 2016 to 2018.
- During the three-year period from the beginning of 2016 to the end of 2018, financial institutions and franchisors were among the most active contract plaintiffs.
Lex Machina Legal Data Expert Karen Chadwick and Cleary Gottlieb’s Abena Mainoo hosted a webcast on May 7, 2019 reviewing the highlights and findings of the report. To view a recording of the webcast, click here.
To request a copy of the report, please visit: http://pages.lexmachina.com/Contracts-Report_2019_LP-Web.html