What happened to the wave of litigation that was supposed to swamp corporate America in 2009?

A year ago, as the economy began its freefall, corporate law departments were preparing for an all-out assault by plaintiffs. Some 34 percent of in-house counsel polled as part of Fulbright & Jaworski’s annual Litigation Trends Survey said they expected to face more suits against their companies in the coming 12 months — a significantly higher percentage than in the previous year. That result made sense: Recessions usually breed litigation.