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
Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
NRF Director of Strategic Innovation & Design named Innovation leader of the year at the ILTA 2024 awards
We are delighted to announce that Al Hounsell, Director of Strategic Innovation & Legal Design based in our Toronto office, has been named 'Innovative Leader of the Year' at the International Legal Technology Association (ILTA) Awards.
Publication
TMT M&A trends: Road to recovery as sector looks to exploit technology deal drivers
After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
Subscribe and stay up to date with the latest legal news, information and events . . .