Cross-Border Disputes on the Rise, Say Corporations

Cross-border disputes account for almost a third of multinational corporations’ legal spend, a new survey has revealed.

The poll of 146 senior lawyers and executives across 18 industries, carried out by international firm Hogan Lovells, found almost half of respondents had seen cross-border disputes become more frequent in the past two years.

Companies reported they most often had to manage the disputes in China, England, France and Germany, with the most challenging markets in the US, China, Brazil and India.

The biggest issue in these jurisdictions was finding quality local counsel, as well as managing differences in legal systems and overcoming different time zones, languages and cultures.

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