It is always hard to separate myth from reality when it comes to litigation, as dire predictions regarding high-cost legal battles often turn out to be overblown or just plain wrong.But, glancing at recent research on the litigation agenda of general counsel, it is clear that two genuine concerns dominate in the current business environment - the increasingly aggressive march of regulators in Western economies and the risk of getting caught up in disputes in unpredictable emerging markets.According to a recent Lovells report, 'The Shrinking World', 45% of in-house lawyers view regulatory disputes as medium-to-high risk, despite the fact that regulation currently accounts for a relatively small proportion of contentious legal activity facing major companies.
June 04, 2008 at 09:44 PM
1 minute read
The original version of this story was published on Legalweek
Risk-aware general counsel have two major concerns when it comes to litigation – increasingly proactive regulatory authorities and the vagaries of disputes in unpredictable emerging markets. Leigh Jackson reports
It is always hard to separate myth from reality when it comes to litigation, as dire predictions regarding high-cost legal battles often turn out to be overblown or just plain wrong.
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