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Q: Update Stats for Law/Lawyers/Lawsuits ( Answered 4 out of 5 stars,   2 Comments )
Question  
Subject: Update Stats for Law/Lawyers/Lawsuits
Category: Miscellaneous
Asked by: jat-ga
List Price: $20.00
Posted: 28 Feb 2004 19:40 PST
Expires: 29 Mar 2004 19:40 PST
Question ID: 311887
The following info is about 10 years old, or more.  I would like an
update of both paragraphs, please:

Nine out of ten lawsuits in the world are filed in the United States.  A
new lawsuit is filed every 30 seconds.  If you own a business or
practice a profession, you have one chance in three of being named a
defendant in a lawsuit this year!

Although America has just five percent of the world's population, it has
more than 80 percent of the world's lawyers.  And it's getting worse.
According to the American Bar Association, there are close to 700,000
practicing lawyers in America and there are currently more than 130,000
students attending law school.  When they graduate, the only way some of
them will ever make money is to sue people; even people who don't
deserve it.
Answer  
Subject: Re: Update Stats for Law/Lawyers/Lawsuits
Answered By: bobbie7-ga on 28 Feb 2004 21:51 PST
Rated:4 out of 5 stars
 
Hello Jat,

Below you will find an update of the statistics provided in the above paragraphs. 


------------------------


?Nine out of ten lawsuits in the world are filed in the United States.? 

9.4 out of ten lawsuits in the world are filed in the United States.

Source:

?94% of the world's lawsuits are in the United States.? 
Gary S. Wolfe Law Coproration (GSWLAW) 
http://www.gswlaw.com/litstats.htm

 
------------------------


?A new lawsuit is filed every 30 seconds.?  

1.26 new lawsuits are filed every 30 seconds.


Sources:

"Eighty million lawsuits are filed every year, an average of 152 per minute.?
Wealth Protection Secrets of a Millionaire Real Estate Investor by
William Bronchick published in October 2003
http://www.inman.com/inf/somdrealtors/story.asp?ID=37550

Rooks Pitts Alert: 2003
?It is estimated that 80 million lawsuits are filed in the United
States each year ? an average of 152 each minute.?
http://www.rookspitts.com/Pubs/May2003.pdf


------------------------


?If you own a business or practice a profession, you have one chance
in three of being named a defendant in a lawsuit this year!?


If you own a business or practice a profession, you have one chance in
four of being named a defendant in a lawsuit this year!

Sources:

?An estimated $200 billion dollars a year is spent on fighting
litigation, more than half of that is spent on legal fees. As a small
business owner you have a one in four chance of being sued in the next
12 months.?
Laughlin International
http://groups.msn.com/LibertyCommunityCenter/assetprotectionandtaxreduction.msnw

?When you own and run your own business, you?ve already put too much
on the line to have to worry about losing everything you own in
addition to your business in the event of a lawsuit. It?s a fact, if
you earn more than 50K per year you have a 1 in 4 chance of being sued
in the next 12 months (USA Today), which means that it?s not a matter
of if you will be sued; it?s a matter of when you will be sued.?
NevCorp 
http://www.nevcorp.com/assetprotection.htm


A contrasting statistic:

According to Ken Thrasher, CEO, Compli Corp. and former CFO, Fred
Meyer: ?It?s a disturbing trend. An estimated 60% of American
companies are sued by employees every year.?

2003 Workforce Advantage Conference
July 16-18, 2003 
http://www.cascadeemployers.com/conferenceprogram.htm


------------------------


?Although America has just five percent of the world's population, it
has more than 80 percent of the world's lawyers.?

Although America has just 4.6 percent of the world's population, it
has more than 70 percent of the world's lawyers.


Sources:

U.S. population -    292,692,416
World population ? 6,351,251,347
That would be 4.6% of the world?s population
Source: U.S. Census Bureau, Population Division 
Maintained By: Laura K. Yax (Population Division)
http://www.census.gov/main/www/popclock.html


 ?The United States, 4.6 percent of the world's population (..) ?
Earth Island Board of Directors News Room: February 2003
http://www.earthisland.org/news/new_news.cfm?newsID=332

?United States 4.6% of the population of the world.?
Vexen Crabtree
http://www.vexen.co.uk/USA/pollution.html


 The United States has 70 percent of the world's lawyers, and almost
50,000 new law school graduates are entering the profession each
year."
?Wealth Protection Secrets of a Millionaire Real Estate Investor" by
William Bronchick published in October 2003
http://www.inman.com/inf/somdrealtors/story.asp?ID=37550


?70% of the world's lawyers reside in the United States.? Gary S.
Wolfe Law Coproration (GSWLAW)
http://www.gswlaw.com/litstats.htm


------------------------


?According to the American Bar Association, there are close to 700,000
practicing lawyers in America and there are currently more than
130,000 students attending law school.?


According to the American Bar Association, there are close to
1,058,662 practicing lawyers in America and there are currently more
than 145,088 students attending law school.


Sources:

2003 - 1,058,662 active lawyers
2002 - 1,049,751 active lawyers
American Bar Association
National Lawyer Population by State
Compiled by: ABA Market Research Department, 541 N. Fairbanks Ct.,
Chicago, IL 60611
http://www.abanet.org/marketresearch/2002nbroflawyersbystate.pdf

Fall 2003 Enrollment Statistics
Total Law School Enrollment 2003 - 145,088
Total Law School Enrollment 2002 - 140,628
http://www.abanet.org/legaled/statistics/enrollment2003statistics.pdf


------------------------


?When they graduate, the only way some of them will ever make money is
to sue people; even people who don't deserve it.?


I will provide you with some statistics regarding new law graduates.


From the National Association for Law Placement
Employment for New Law Graduates July 2003

?The most common employment setting was that of private practice
within a law firm. Of graduates known to be employed, 58.1% obtained
their first job in a law firm. The percentage of graduates employed in
private practice has fluctuated only between 55% and 58% since 1993
and is well below the high of 64.3% for the Class of 1988.?

?Public service employment, including government jobs, judicial
clerkships, and public interest positions, accounted for 27% of jobs
taken by employed graduates, slightly lower than the 27.6% figure for
the Class of 2001.?
http://www.nalp.org/press/jjd02.htm


From the National Association for Law Placement
EMPLOYMENT TRENDS For Recent Graduates 2001
90% are employed
7.6 % are not working
2.4 % are pursuing an advanced degree
http://www.nalp.org/press/years.htm

This report outlines summary findings from NALP?s First-year Summer
Activity Survey of the Class of 2003. Results are based on 3,467
students representing 101 law schools.
http://www.nalp.org/nalpresearch/onelsurv.pdf


Search criteria:

Litigation Statistics
Enrollment law school
Employment law school graduates
Lawsuit statistics
World population
U.S. population
Active OR practicing lawyers
Lawyer statistics
Lawyer research
"* in * chance? defendant OR ?of being sued"


I hope you find this information useful! If anything is unclear with
my answer, please ask for clarification.


Best regards,
Bobbie7
jat-ga rated this answer:4 out of 5 stars
Thanks!

Comments  
Subject: Re: Update Stats for Law/Lawyers/Lawsuits
From: pafalafa-ga on 29 Feb 2004 06:08 PST
 
Fantastic answer, Bobbie!
Subject: Re: Update Stats for Law/Lawyers/Lawsuits
From: bobbie7-ga on 29 Feb 2004 14:53 PST
 
Thanks, Paf!

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