Legal disputes that take place in multiple national jurisdictions or between parties based in different countries are posing challenges for corporate boards, chief executive officers and general counsel, according to a survey of about 150 global general counsel and chief legal officers.
But these complex and costly cross-border disputes are expected to grow significantly in the coming years, according to “Global Currents: Trends in Cross-Border Disputes,” conducted by Hogan Lovells.
“More and more companies have been going global, so it makes sense that they are seeing more cross-border litigation than in the past,” said Dennis Tracey, the Hogan Lovells partner in charge of the study. “But the increase is changing the way companies are managing litigation.”
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