1、Litigation and Dispute Resolution 2024 OutlookGrow|Protect|Operate|FinanceFebruary 20242 Litigation and Dispute Resolution TrendsLitigation and Dispute Resolution2024 OutlookGlobal financial instability,high inflation,central bank rate hikes and geopolitical uncertainties have significantly impacted
2、 the Canadian legal landscape,giving rise to new industry trends and a noticeable increase in litigation cases filed across the country.This influence is underscored by BTI Consulting Groups report,where in-house counsel surveyed anticipate a substantial 54%increase in their legal spend budgets allo
3、cated for dispute resolution in 2024.Our National Litigation and Dispute Resolution team covers the latest trends and developments on our Commercial Litigation Blog to help you manage and mitigate legal risks to your business.This outlook draws on the culmination of insights observed throughout 2023
4、 to provide a forward-looking perspective for executives and in-house legal teams to prepare and protect business interests in 2024.2 Litigation and Dispute Resolution TrendsLitigation and Dispute Resolution Trends 3Privacy .4Vicarious liability for privacy breaches as a result of a rogue employee i
5、s gaining attention in the courts .4Artificial Intelligence(AI).5Emerging risk of litigation regarding generative AI.5Class actions .6Global dynamics present emerging risks for organizations operating in the United Kingdom(UK)and the European Union(EU).6Heightened hurdles result in jumps to differen
6、t jurisdictions.6Challenging the boundaries of arbitration clauses in consumer class actions.7The strategic imperative of recall programs in mitigating product liability class actions risks.7Securities litigation .8Centralized trading platforms(CTPs)create potential liability for businesses.8Securit