The world’s top firms face a spiralling financial burden from litigation with annual legal fees hitting an average of $10.8m (£5.8m), research suggests.
According to an annual survey by US lawyers Fulbright & Jaworski (F&J), nearly 80% of UK firms surveyed faced some court proceedings last year. One in four UK firms face class action lawsuits in the US while three out of five face a regulatory-related action. Employment and contract disputes are the most common source of […]