I wouldn’t want to accuse litigators of delighting in the miseries of others, but there is a definite spring in the step of the delegates at today’s Legal Week Litigation Forum, which is taking place in London throughout the day.

Last year, the forum was collectively wringing its hands over the fall out the from the Bank of England/BCCI debacle and the dampening effect it was having on big-ticket litigation. This year, attention has turned to the inevitable opportunities the current credit crunch will present to litigators.