As the torrent of post-financial crisis litigation continues to slow, litigators are increasingly wondering: ‘What next?’ Certainly, 2018 has so far been quieter than 2017 from a disputes perspective, across big-ticket and mid-level matters.
Canvassing industry veterans on the trends to watch, however, shows plenty of areas of opportunity litigators spy on the horizon. Perhaps the most talked-up area right now is the prospect of litigation linked to this year’s implementation of GDPR, the EU-wide regime updating data protection and privacy law. The complexity of the legislation, and potential fines of up to 4% of global turnover for companies that breach the new rules, unsurprisingly means many lawyers forecast plenty of compliance and enforcement-related work.
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