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Litigation Costs on the Rise

Edward Petrie – Sep 22, 2010

This editorial identifies the high cost of litigation for many companies even in the face of an economic downturn. It also provides several examples of court cases where adhesives have become the subject of litigation. The litigation trend appears to be going global and companies need to budget appropriately. Think that a company's litigation costs decrease in an economic downturn? You might want to think again. According to a recent study by international law firm, Fulbright & Jaworski, more than one-third of US and UK companies say that the economic downturn has resulted in an increase in their litigation caseloads and almost no companies expect a downturn in litigation costs.

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