Corporate disputes of all types have increased since the COVID-19 pandemic. Whether from tensions over employment, consumer rights or tax, businesses are facing growing volumes of litigation on multiple fronts. At the same time, disputes are becoming more complex, time consuming and expensive – yet the appetite to litigate is higher than ever.
To find out why, Deloitte Legal conducted a large survey on dispute resolution, attracting responses from 568 companies around the world, with annual revenues ranging from US$100 million to above US$3 billion. Our goal was to discover which disputes have escalated, how companies are responding, and what helps them reach a successful resolution.
The survey also investigated the widespread and growing influence of digital litigation tools, as well as how trust in the courts and other dispute resolution mechanisms has shifted.
About the research
Deloitte Legal worked with Euromoney CS to produce the report, "New Roads to Dispute Resolution". The research discussed in the report is based on online surveys with senior legal and executive leadership at 568 companies across Europe, Asia, the Americas, and the Middle East. Europe was, however, the focus, accounting for more than three-quarters of responses.
All types of business were represented, from financial services to entertainment, real estate and construction to media, and consumer to professional services. All respondents were from organizations with an annual revenue of at least US$100 million.
· Eduardo Villellas, Deloitte Global Dispute Resolution Leader – Deloitte Legal
· Mihnea Galgotiu-Sararu, Partner, Reff & Associates (Deloitte Legal Romania)