First-of-Its-Kind Risk Assessment Litigation Survey Results Released

By Risk Settlements Team May 25, 2023

Cover:

May 25, 2022

New York, NY – Risk Settlements, which provides bespoke solutions for companies facing the uncertainty of litigation, in partnership In The House, a think tank specializing in cutting-edge issues regarding in-house legal practices, announced the results of their co-branded white paper. The white paper breaks down the findings of a nearly 200-person survey on how companies and general counsel handle litigation risk. 

General counsel and other in-house leaders across more than 50 different industries were asked to respond to almost 50 questions related to their department’s litigation activities and legal spend, their tolerance for litigation risk, and their knowledge of the solutions available to help transfer risk and monetize claims, among other issues.

More than 75 percent of companies surveyed said they were very or somewhat risk tolerant. But only a handful have used litigation products to manage their costs.

“The goal of this paper was to better understand the risk-related issues facing in-house departments,” said Kevin Skrzysowski , director of Business Development and Marketing. “We learned the size of the damages is the number one risk factor for defense-sided litigation, whereas the likelihood the claim will succeed is the most important factor for affirmative claims. By learning how these companies handle risk, we can work with them to make sure they have the resources, knowledge and tools to assess and mitigate litigation outcome risk.”

Nearly 45 percent said they did not have enough resources to pursue litigation. Companies have insurance that covers litigation expenses, but very few of them are actually using their policies. Most say use insurance is used less 10 percent of the time in litigation. 

“In our survey we found that most in-house counsel have a significant litigation workload and all signs point to even greater workloads in the future,” said Chris Colvin , founder of In The House. “Given our findings, it is essential for in-house counsel to better understand what options they have to help alleviate both the increasing costs and the daunting logistics associated with a larger litigation docket.”

To read the white paper and learn more click here.

Risk Settlements provides bespoke solutions for companies facing the uncertainty of litigation. We are the leader in providing comprehensive alternative litigation strategies, including class action settlement insurance, litigation buyout insurance, judgment preservation Insurance, adverse judgment insurance, litigation funding and claim monetization. Our team of experienced former litigators, insurance professionals, and risk mitigation specialists helps companies remove the financial and operational volatility arising out of litigation by transferring the outcome risk. To find out more, please visit  www.risksettlements.com.

In The House was founded in 2011 with the mission of helping legal departments establish best practices through research, surveys and benchmarking studies, as well as empowering individual in-house counsel to enjoy long-term career success through peer networking, education and thought leadership. Since our founding, In The House has grown our social media community to tens of thousands of in-house counsel and we have conducted numerous ground-breaking surveys and white papers on such important topics as the role of in-house lawyers in addressing cybersecurity issues, preventing and responding to allegations of executive misconduct in the wake of the #MeToo movement, the challenge of reducing spending on outside counsel, managing litigation risk and much more. To learn more, please visit www.inthehouse.org.

Certum Group Can Help

Get in touch to start discussing options.

Subscribe to Our Newsletter

Newsletter

Recent Content

Blurred view through glass of a meeting in a sunlit office.
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 .
Blurred view of a business meeting in progress through a glass door. People are seated around a table.
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.