Tags : cat-disputeresolution
Consumers are showing an increased willingness to take on banks and major corporates, a trend that is being driven, in part, by increases in third party funding – meanwhile, there are calls for the establishment of an ‘arbitration hub’ in Iberia
Arbitration teams can mitigate risk for clients at ‘every stage of an investment’ by working closely with project finance lawyers and other experts
Rules governing class actions are still in need of clarification, despite the efforts of Spain’s Supreme Court – only then will third party funding of such cases really take off
Few clients currently resort to mediation in Portugal, but its popularity in other jurisdictions means that it will become a more common method of resolving disputes
‘Sharing economy’ also generating opportunities for dispute resolution lawyers as conflicts arise between traditional businesses and their newer competitors
Improving economic conditions mean companies will now be more likely to have the finances to spend on settling long-standing disputes, according to Esther Cubillo, partner at Lupicinio International Law Firm.
The timescale and costs associated with litigation means clients are showing a greater tendency to consider mediation and arbitration
The popularity of arbitration as a means of resolving disputes increased in 2017, according to Cristina Coto, partner at Ruiz Gallardón Abogados.