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Credit: Carlton Fields

Class action litigation spending is on the rise, according to a new survey, and legal departments need to strategize to manage these types of lawsuits.

The 2018 Carlton Fields Class Action Survey, which draws on insight from about 400 in-house counsel across various industries, showed the number of respondent companies facing class actions rose to 59 percent in 2017, up from 53.8 percent the year prior.

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Stephanie Forshee

Stephanie Forshee is based in New York. She covers retail, fintech and in-house legal departments.

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