In light of ongoing global economic turmoil, corporate law departments are seizing the opportunity to solidify their positions as integral components of their business’s risk management apparatus. By doing so they aim to assist these corporations in not merely surviving these uncertain times, but thriving in spite of them. <a href=”https://abovethelaw.com/2023/09/2023-litigation-economics-how-todays-law-departments-are-finding-new-value/” target=”_blank”>Above the Law</a> provides comprehensive coverage of this development.
For a deeper understanding of how macroeconomic trends are shaping in-house legal department strategies and attitudes towards litigation and risk management, Burford launched an independent research project. The research methodology involved conducting in-depth one-on- one interviews with 66 general counsels and senior legal professionals, including litigation heads. These professionals represent a vast swath of businesses spanning various legal jurisdictions, including the U.S., Europe, Asia, and Australia.
The insights gleaned from these conversations form the basis for the 2023 Litigation Economics report. This document offers valuable insights into how top legal executives are managing costs, maximizing recoveries, and fostering effective relationships with their law firm partners, all signifying their evolving approach to litigation in these uncertain economic times.
For a comprehensive look at their insights, download the <a href=”https://abovethelaw.com/uploads/2023/09/2023-Litigation-Guide-300×389.png” target=”_blank”>2023 Litigation Economics</a> report.
