Preparing for the worst: legal costs spike as FTSE 100 sets aside £31bn

Preparing for the worst: legal costs spike as FTSE 100 sets aside £31bn

With corporate counsel consistently burdened by onerous cost constraints levied by their executive, the pressure to deliver efficiencies in-house may prove greater than ever. Newly-released data shows FTSE 100 companies have set aside £31.3bn in the last year for legal provisions, a rise of 22% from £26.5bn the year before.

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