Litigation preparedness
2023 Annual Litigation Trends Survey
Global | Publication | January 18, 2023
Norton Rose Fulbright’s 2023 Annual Litigation Trends Survey finds that more legal spending is moving in-house, and organizations feel largely prepared to address litigation in the year ahead.
Respondents attributed that confidence to several factors including their organization’s in-house litigation experience and confidence in external counsel. Also cited were internal risk management practices and in-house tools and capabilities such as eDiscovery platforms and data protection solutions.
Some in-house legal operations have room to grow when it comes to technology. For example, nearly one-quarter (24%) weren’t considering the use of artificial intelligence or predictive analytics to spot risk. Compliance tools like Norton Rose Fulbright’s NT Analyzer can help detect privacy and security risks associated with mobile apps, websites and the Internet of Things (IoT) amid growing data privacy concerns and revamped privacy laws at the state level. California and Virginia have already enacted comprehensive privacy laws, and Colorado, Connecticut and Utah are expected to follow suit later this year.
Just sixteen percent of respondents said they weren’t considering the use of litigation software, the same number of respondents that said the use of legal technology was a low priority.
Download the 2023 Annual Litigation Trends Survey for more details.
This issue
Recent publications
Publication
Agreement on new EU gas projects and measures under the European Green Deal
On November 28, 2023, the European Commission (EC) adopted its first list of Projects of Common Interest (PCIs), i.e., projects within the EU territory, and Projects of Mutual Interest (PMIs), i.e., projects connecting the EU with other countries, including 166 projects implementing the European Green Deal.
Publication
Ireland
The Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted on 31 October 2023, and the much-anticipated commencement date of the Act has now been confirmed to be 6 January 2025.
Publication
Paying the Price: Court of Appeal holds debt still due when non-fulfilment of a condition precedent is caused by the buyer’s own breach
In King Crude Carriers SA & Ors v Ridgebury November LLC & Ors [2024] EWCA Civ 719 the Court of Appeal held that the claimant sellers (the Sellers) were entitled to claim the deposits promised under sale contracts as a debt despite the defendant buyers’ (the Buyers) breach of contract, which had resulted in the non-fulfilment of a condition precedent to the payment of the deposits.
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