Thirteenth edition highlights ever-increasing threat to cyber security and data protection
We have released our 2017 Annual Litigation Trends Survey. This year’s survey polled more than 300 senior corporate counsel representing US-based organizations on disputes-related issues and concerns.
Survey respondents point to a growing threat to cyber security, an issue they indicate stands as the greatest emerging threat to a business. Nearly two-thirds of those polled (63 percent) feel more exposed to disputes in this area.
This year’s survey report also revisits its litigation minimization framework, a tool introduced last year to suit a company’s specific situation. In-house counsel can use this framework to review their current approach and implement measures to reduce litigation risk and costs. The program was well-received in its first year, with 95 percent of respondents implementing at least one recommended key measure. Training emerges as the leading factor in preventing litigation. Early case resolution, embedding lawyers in the business and proactive contract review have also shown to be highly effective.
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The destruction of the 46,000-year-old Juukan Gorge rock shelters in 2020 was a wakeup call for project proponents on the importance of successfully managing Aboriginal and Torres Strait Islander cultural heritage risks.
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In light of the documentary ‘Buy Now! The Shopping Conspiracy,’ the global issue of ‘e-waste’ has become a topic of conversation in many households.
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The Australian Transaction Reports and Analysis Centre (AUSTRAC) has initiated consultation on its second exposure draft of the Anti-Money Laundering and Counter-Terrorism Financing Rules 2025 (Cth) (Draft Rules) and the AML/CTF (Class Exemptions and Other Matters) Rules 2007 (Cth) (Class Exemption Rules).
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