Companies Expect More Litigation, Less Spending in 2014
By Lisa Shuchman, Corporate Counsel, September 16, 2013
This post has been viewed 2,598 times.
This post has been viewed 2,598 times.
Corporate counsel expect to see a surge in litigation in 2014, but the implementation of more aggressive cost containment measures means they will not be spending more money on legal fees, according to “Litigation Outlook 2014” from The BTI consulting Group.
One exception is in IP litigation, which is poised for the highest growth of any corporate litigation segment and remains one of the fastest-growing practices in the legal market, the study found.
Overall, 60.7 percent of in-house counsel at the world’s largest companies predict an increase in the number of new litigation matters they will see in 2014. In fact, they expect the number of new matters to be nearly double 2013 levels, the survey found.
Read original articleTags: BTI Consulting Group, corporate counsel, corporate litigation, implementation, IP litigation
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