June 4, 2024
Certum Group’s 2023 Litigation Risk Survey Results

What is the survey about?
- Certum Group, which provides bespoke risk transfer solutions for companies facing the uncertainty of litigation, has released the results from its second annual survey to understand how companies and in-house departments assess and manage litigation risk.
Who participated in the survey?
- Almost 100 respondents hailed from corporate legal department across 23 states and 35 different industry sectors.
- Moreover, we had a great mix of lawyers that came from small, midsized, and large companies so we were able to elicit a diverse range of viewpoints and provide a benchmark for how in-house counsel are assessing and managing litigation risk in the current market.
- Specifically, 27 % were from public companies, 58 % from private for profit companies and the rest from non profits.
What did the survey tell us about legal department staffing?
- In terms of resources – in house departments – even at larger companies are operating with small staffs and tight budgets. General counsel and their staffs are being stretched thin by increasing workloads.
- Almost 75 % said their legal departments had fewer than 10 employees. That may be adequate for the smallest companies, however, 40 % of our respondents work for companies with over 1,000 employees.
If staffing pressures are up are budget pressures at least down?
- Unfortunately, the answer is NO. In house department are currently facing both staffing and budget pressures.
- Almost 50% of respondents said their budgets are less than $1MM and only 10% said they more than $20MM.
- Moreover, over 40% reported budget cuts over the past year which came at the same time having increased workloads.
Can we expect to find form survey results in future video blogs?
- Yes, please look for more video blogs where we discuss other findings from the survey. Future episodes will cover topics such as: selecting outside counsel, the use of AFAs, leveraging litigation risk transfer products such as litigation insurance and funding, and pursuing affirmative litigation in order to turn in house departments from cost to profit center.
Download your free copy of the report today!
The post Certum Group’s 2023 Litigation Risk Survey Results appeared first on Certum Group.
Recent Content

By Certum Team
•
January 12, 2026
Litigation finance has become an essential tool for modern litigation strategy — but with its growth has come a wave of discovery requests seeking information about funding arrangements. These requests are improper, burdensome, and legally unsupported. To help lawyers and litigants push back with confidence, Certum has released a new Model Brief Opposing Discovery of Litigation Funding—a comprehensive, practitioner-oriented document designed to equip litigators with the strongest arguments, cases, and frameworks available. This publication is now available for free download . The Model Brief is part of Certum’s growing library of thought leadership and practical guidance on litigation finance and insurance. That library includes Certum’s Guide to Litigation Funding and its annual survey of in-house counsel . Across federal and state courts, parties continue to seek discovery into litigation funding sources and materials, often as a tactic rather than a legitimate inquiry into claims or defenses. These efforts raise serious issues: Privilege and work-product concerns Chilling effects on access to justice Attempts to shift focus away from the merits Increased litigation costs and delays Yet for many lawyers, responding to these requests requires reinventing the wheel. Certum’s model brief solves that problem. It provides a structured, persuasive, and research-backed response that can be adapted swiftly to any case. Click here to download the brief.

By Certum Team
•
January 6, 2026
Bloomberg recently interviewed Certum Group’s William Marra as part of its coverage of efforts by commercial liability insurers to require the disclosure of third-party litigation funding agreements. Marra explained to Bloomberg that “[t]he disclosure of litigation funding risks putting impecunious litigants at a systematic disadvantage in our legal system,” adding mandatory disclosure “can disclose to defendants very valuable information, including who has funding, and critically, who does not have funding.” Marra further responded to the argument that litigation funders might fuel frivolous litigation. “To the contrary, the evidence shows that funders serve as a very effective screen, only backing the most meritorious cases, and if anything, likely resulting in fewer weak cases getting filed,” Marra said. This statements builds on arguments Marra previously advantaged in a Vanderbilt Law Review article about litigation funding. The Bloomberg article is available here .

By Certum Team
•
December 17, 2025
Certum’s William Marra has been elected to the Board of Directors of the International Legal Finance Association, the litigation finance industry’s leading advocacy group. Will joins five other new members of ILFA’s Board, including: Marcel Wegmüller, the co-founder and CEO of Nivalion; David Perla, the Vice Chair of Burford Capital; Erik Bomans, the CEO of Deminor Recovery Services; Kacey Wolmer, the CEO of Contingency Capital; Rob Rothkopf, the founder and Managing Partner of Balance Legal Capital. “We are honored to welcome Marcel, David, Erik, Kacey, Rob, and William to ILFA’s Board of Directors,” said Paul Kong, the Executive Director of ILFA. “Each brings exceptional expertise, deep industry insight, and a demonstrated commitment to the responsible growth of legal finance. Their leadership will strengthen ILFA’s work to promote transparency, expand access to justice, and support the continued global development of our industry.” “I am delighted to join ILFA’s Board and assist with its important public policy work,” Will Marra said. “Litigation finance helps level the playing field and ensures cases are resolved based on their merits, not the size of a party’s checkbook. LFA’s advocacy for claimholders who need litigation finance is more important now than ever before.” The International Legal Finance Association (ILFA) represents the global commercial legal finance community, and its mission is to engage, educate and influence legislative, regulatory and judicial landscapes as the voice of the commercial legal finance industry. It is the only global association of commercial legal finance companies and is an independent, non-profit trade association promoting the highest standards of operation and service for the commercial legal finance sector. ILFA has local chapter representation around the world.
