Publication
It’s all about the money: Liquidated damages and the cost of delay in construction projects
Delays on projects are often unavoidable and their impact can be both significant and costly.
United States | Publication | January 2024
Norton Rose Fulbright’s 2024 Annual Litigation Trends Survey reveals that earlier concerns about regulatory proceedings have been borne out.
A greater proportion of organizations were involved in regulatory proceedings in 2023 versus the previous year, with 61% of respondents involved in at least one, compared to 50% in 2022. The average number of proceedings these organizations encountered also grew – reaching 3.9, as compared to 3.5 in 2022 and 2.9 in 2021.
Respondents are bracing for a further uptick in regulatory matters in 2024.
Download the 2024 Annual Litigation Trends Survey for more details.
Publication
Delays on projects are often unavoidable and their impact can be both significant and costly.
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