Expert insights: Key takeaways from Q2 webcasts
In Q2 2024, Burford organized a series of webcasts to educate lawyers and leaders in business and finance. The sessions focused on best practices for managing legal costs and explored emerging trends across various industries and regions. All the webcasts are available for replay on our website, and we summarize key points from each below.
Managing litigation costs is a perennial challenge for businesses, and in 2024, 83% of finance and legal professionals surveyed agreed that even large companies can benefit from reducing the impact of litigation on their P&Ls. Burford’s Craig Batchelor led a discussion on best practices in developing accurate litigation budgets matter to ensure legal teams are resourced to effectively pursue the company’s interests. A panel of law firm experts covered best practices for working with outside counsel, broke down the various costs involved in disputes and offered insights into how litigation costs are managed internally.
Watch the full replay here.
The Dutch Resolution of Mass Damage in Collective Action Act (WAMCA) has gained attention for its collective action approach. In the past four years, nearly 80 collective actions have been filed under its revised rules, with about a third seeking damages, which was previously not allowed. In this webcast, panelists explored the evolving landscape of European collective redress in competition and privacy law from a Dutch perspective and discussed how legal finance can be used to achieve legal redress for businesses and other parties that have suffered harm.
Watch the full replay here.
Corporate IP monetization has been gaining momentum in recent years, demonstrated by companies like ATT, Blackberry and Intel. This webcast showcased insights and best practices drawn from companies that have monetized significant patent portfolios, both by directly monetizing their patents and by transferring them to a buyer for indirect monetization. Katharine Wolanyk and Christopher Freeman outlined the benefits and challenges of each method and how ultimately legal finance can play a role in maximizing the value of patent portfolios.
Watch the full replay here.
Latin America currently hosts a significant portion of pending ICSID claims, with nearly 40% of the ongoing arbitrations seated in Peru, Mexico, Venezuela, Colombia, Honduras and other nations. In this Spanish language webcast, Florencia Villaggi led a panel of Latin American arbitration experts on key trends and opportunities in the region. Panelists discussed the history of international arbitration in Latin America and key arbitration seats, major dispute trends by country, the region's challenges and opportunities and the evolution of legal finance in international arbitration.
Watch the full replay here.
The mining and metals sector presents significant commercial arbitration activity. Panelists discussed key disputes in the industry, the crucial role arbitration plays in resolving these issues and how tribunals approach valuing damages in mining arbitrations. Expert panelists reviewed recent awards and trends, and provided insights into future mining industry arbitration trends, including significant disputes expected in Latin America and Africa. Finally, the discussion highlighted claimants’ use of arbitration finance in mining disputes to manage costs, enhance liquidity and reduce risk.
Watch the full replay here.
