Fulbrights publish 6th annual litigation trends survey
International law firm Fulbright & Jaworski LLP has published the results of its 6th Annual Litigation Trends Survey. The report includes responses from over 400 corporate counsel – with a good mix of US and UK responses – and looks at how has the economic crisis changed the way corporate counsel approach litigation budgeting, cost management and alternative fee arrangements, as well as considering whether historical trends changing in labor and employment litigation, class actions and e-discovery practices? Other topics included questions looking at bribery, corruption and 'whistle-blower' issues.
Among the results that caught our eye were…
• the fact that the two areas of litigation practice where corporate counsel and inhouse legal departments are least satisfied with the services provided outside counsel/law firms were budget forecast and cost management. Clearly some law firms still don't realise the market has changed.
• and, when it came to e-discovery and securing corporate information, this was the response of organisations to blocking their own internal network users from accessing the following social networking/Web 2.0 services:
– FACEBOOK/MYSPACE/BEBO – 42%
– LINKEDIN/PLAXO – 30%
– TWITTER – 34%
– YOUTUBE – 37%
– NO RESTRICTIONS – 34%
– DON’T KNOW – 19%
Generally, insurance and financial services are the most active blockers. One-third of financial service companies have no restrictions, about the same as the energy and health care sectors. The most liberal sector for social networking is technology/communications with more than half reporting no restrictions.
To obtain a copy of the report click here www.fulbright.com/litigationtrends19
Fulbright & Jaworski is also holding a one-hour global webinar on Tuesday 3rd November to discuss the findings of the survey – the start times range from 10:00am PDT to 6:00pm GMT. To register email Jessica Schwartz at firstname.lastname@example.org Please include your name, title, company, phone number and email address. There is no charge for the webinar and log-in information will be emailed to a day prior to the conference.