Norton Rose Fulbright’s 2024 Annual Litigation Trends Survey reveals that earlier concerns about regulatory proceedings have been borne out.
A greater proportion of organizations were involved in regulatory proceedings in 2023 versus the previous year, with 61% of respondents involved in at least one, compared to 50% in 2022. The average number of proceedings these organizations encountered also grew – reaching 3.9, as compared to 3.5 in 2022 and 2.9 in 2021.
Respondents are bracing for a further uptick in regulatory matters in 2024.
Download the 2024 Annual Litigation Trends Survey for more details.