Blog of Legal Times writer Don Tartaglione yesterday posted an entry about pro-business U.S. Chamber Institute for Legal Reform's releasing its latest survey gauging which states U.S. businesses perceive as having the most "fair and reasonable" tort liability systems.
Tartaglione wrote that Institute President Lisa Rickard said that in large part the survey results stemmed from how much a state's litigation climate affected important business decisions within that state, and that "Litigation climate was an important factor…in determining whether to do business in that state -- that is a critical factor for potential job growth."
Seventy percent of those surveyed reported that a state's litigation environment is likely to impact important business decisions at their companies -- an increase from 67 percent in 2010 and 63 percent in 2008.
The top five states according to the survey, in order from the highest-ranked, were Delaware, Nebraska, Wyoming, Minnesota and Kansas. West Virginia, Louisiana, Mississippi, California and Illinois received the lowest rankings in the study, which earlier this year surveyed more than 1,100 in-house general counsels, senior attorneys and other leaders of companies that earn at least $100 million annually.
Ohio, Kentucky, and Indiana fall in between the above list, being 30th., 38th., and 14th., respectively.
Lawsuit Climate: 2012 State Liability Systems Survey, Ranking the States (PDF)
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