The legal climate of a state is a significant consideration when a company is deciding where to locate or expand its business. The opportunity to obtain a fair and efficient resolution of legal disputes, access to courts, as well as threats of frivolous litigation all contribute to a company’s overall operational decisions. In a 2015 report released by the U.S. Chamber of Commerce Institute for Legal Reform, 75 percent of in-house counsels and senior executives surveyed confirmed that a state’s lawsuit environment has a significant impact on their decision regarding where to locate or expand.
The Legal and Regulatory Reform Institute was created to promote a predictable legal climate, encourage efficiency in the civil justice system, and defend Virginia’s business climate.
Resources
Sierra Club v. Virginia Electric & Power Company
