Slashdot Mirror

← Back to Stories (view on slashdot.org)

Tech Companies Swimming In Lawsuits

Posted by Zonk on from the innovation-leads-to-litigation dept.

conq writes "A new survey shows that the tech industry places third after healthcare and energy companies in the number of lawsuits it deals with. It states that an average tech company faces 42 lawsuits currently, more than the insurance industry!" From the article: "An average U.S. technology company currently faces 42 lawsuits vs. 37 lawsuit for an average company. The tech industry places third, after healthcare and energy companies, in the number of lawsuits it deals with ... Needless to say, that's quite expensive. Nearly a third of these companies spend more than 2% of their gross revenue on legal expenses, according to one of the largest surveys of corporate counsel in America."

4 of 147 comments (clear)

  1. 42 is the answer. by Anonymous Coward · · Score: 5, Funny

    NOW! we know the question!

  2. Clearly what we need here are... by Bin_jammin · · Score: 4, Funny

    more software patents. That will solve almost all legal woes with clear cut lines of IP ownership.

  3. Did you hear about the little old lady? by Argonne · · Score: 5, Funny

    She sued a tech firm after she spilled GTA "Hot Coffee" in her laptop.

  4. 42! by MarcoPon · · Score: 4, Funny
    Not 41, or 43.
    42!

    When a number say it all. Lawsuits are the final answer!

    --

    SeqBox