UK law firms have seen an increase in financial services disputes since August 2007, but the expected large-scale growth of disputes has yet to materialise in the UK and across the world, finds global KPMG research.
- The proportion of mis-selling and contentious valuation disputes have both increased by nearly 50 percent worldwide since the credit crunch.
- The proportion of fraud disputes in the UK increase by nearly a fifth.
- Move away from settlement in UK courts towards arbitration.