The Euro Elite Overview: Life in the bubble

The Euro Elite Overview: Life in the bubble

Europe’s independent law firms fared much better in 2018 than most of the EU economies in which their clients operate. Set against the background of a US-China trade war, sluggish output and the prospect of an imminent Brexit, GDP growth in the eurozone limped to a disappointing 1.1% last year. Overall deal volume and value …

The Euro Elite: Market overviews

The Euro Elite: Market overviews

Ireland The Emerald Isle may be small – its two million-workforce delivers a tax take of just €50bn – but last year’s exceptional 6.7% GDP growth followed an equally strong 2017 and makes Ireland the standout performer among the EU27. All would be well were it not for another six-month delay to Brexit. ‘There was …

Global disputes hubs jostle for position – Where in the world?

Global disputes hubs jostle for position – Where in the world?

For large companies and ultra-high-net-worth individuals, disputes are an inevitable feature of doing business. According to the Litigation Trends Annual Survey, published by Norton Rose Fulbright, US companies now spend $1.2m on disputes per $1bn of annual revenue. Add in the growth of non-US companies involved in disputes and tens of billions of dollars are …

Market Report: Competition Litigation – Healthy competition

Market Report: Competition Litigation – Healthy competition

With the trickle of follow-on damages claims after high-profile competition investigations threatening to become a flood, Dominic Carman examines how firms are preparing their clients for battle ‘We have talked about competition litigation emerging as a work stream in civil litigation for a long period of time, but we have seen a real boom in …

Market Report: IP Disputes – Strong and stable

Market Report: IP Disputes – Strong and stable

Despite Brexit uncertainty with the launch of Europe’s central patent court, Dominic Carman finds plenty for IP litigators to get their teeth into Case volumes in intellectual property (IP) remain, to borrow a phrase, strong and stable. ‘We’ve not seen much variation in terms of the number of cases in front of the UK Patents …

Market Report: Mediation – Coming of age

Market Report: Mediation – Coming of age

Twenty years on since the Woolf Reforms, Dominic Carman assesses mediation’s slow but steady march to the disputes mainstream Mediation is big business. That much is evident from the 2018 Mediation Audit published biennially by the Centre for Effective Dispute Resolution (CEDR). It confirms that there were 12,000 mediations – up by 20% in two …

Switzerland – Between a rock and a hard place

Switzerland – Between a rock and a hard place

As the eurozone economy slows down after six years of uninterrupted growth, Switzerland is an anxious spectator. Amid increased concerns among the EU27 over the potential impact of a disorderly Brexit and the halt to quantitative easing from the European Central Bank’s asset-purchasing programme, Europe’s big three are bracing themselves while Switzerland sits in the …

Offshore leaders’ year in review: Under pressure

Offshore leaders’ year in review: Under pressure

Donald Trump is still in office, Brexit is still about to happen, but the global economy in 2018 provided few of the seismic shocks that have reverberated offshore in recent years. Uncertainty remains a continuous theme, although there were none of the revelations like the Panama Papers of 2016 and the Paradise Papers in 2017, …

Offshore disputes: Centre of the cyclone

Offshore disputes: Centre of the cyclone

The inferno of disputes arising from the financial crisis is finally being reduced to embers. Although this may have caused the volume of commercial litigation in London to plateau, disputes in the main Caribbean offshore centres continue to be very buoyant: several firms report significant double-digit revenue growth in their dispute resolution teams over the …