The Year Ahead
Global Disputes Forecast 2024
Against a backdrop of economic stagnation and geopolitical conflict, businesses are preparing for a challenging year. Global disputes will continue at pace, according to insights from more than 600 senior lawyers at large corporations, with ESG and employment risks the greatest areas of concern. Our seventh annual report provides detailed analysis of disputes trends, as well as sectoral and region-specific developments, to prepare your organization for The Year Ahead.
The big picture
Wider global trends are influencing the disputes landscape
The OECD forecasts global growth to slow to 2.7% in 2024, well below the historical average. Many corporate transactions have been postponed, with some clients now focusing on restructuring opportunities.
There is continued tension between Russia and NATO, conflict in the Middle East, and competition between China and various Western nations. We are also seeing rising trade protectionism.
2023 was a breakout year for generative AI, with McKinsey forecasting gen AI to add up to USD 4.4 trillion annually to the global economy. AI will improve the way lawyers work – but it will also drive disputes.
Insights by sector & region
Download our full report
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Download the report to learn more about the key trends and sectoral and region-specific developments to prepare your organization for The Year Ahead.
We invite you to join us for a series of webinars across ESG, employment and cybersecurity that will provide a practical and actionable way forward in 2024.