Segal McCambridge shareholder Jason Kennedy was quoted in "Companies pursue profits through plaintiff recovery lawsuits," an article appearing in the October 2011 issue of Inside Counsel. The article, by Ashley Post, is about a surge in corporate litigation in response to the current economy.
The article lists many pitfalls of this litigious activity, one of which is pointed out by Mr. Kennedy. He says, "An in-house lawyer could find himself saying, "What seemed to be a good idea really wasn't. I've got my CEO and CFO being deposed, and they want all these documents from us, and now I'm spending a ton of money, whereas I promised everyone we were going to make money.'"