UK litigation continues to grow whilst the economy stumbles
Claim volume for Q3 2022 totalled just over 1,900, a 10% increase on the same period in 2021. As a whole, quarterly claim volume has grown substantially since the first quarter of 2019.
Covid and Ukraine sanctions feature in new litigation claims
Approximately 2,300 disputes have been brought to the Queen’s Bench and Chancery divisions in the first half of 2022. This is a decline of almost 17% compared with the first 6 months of 2021.
Claim volumes hold steady despite market uncertainty
Solomonic data shows relatively consistent ligation activity when compared to the last two years, despite continued global instability. Analysis explores new claims issued and activity levels across the topmost active sectors.
No slowdown in new claims issued
Thousands of law firms have serviced the litigation market in the last 5 years - top 15 most active firms consistently hold 20% of new claims issued market share YOY, including RPC, Clyde & Co and Clifford Chance.
High Court Commercial Disputes 2021
Solomonic, as the UK’s most comprehensive commercial litigation database, has compiled a review of the 2021 year in commercial litigation in the High Court. The report reveals new insights into the second year of the pandemic and how it played out in terms of new commercial disputes.
Pandemic not a hindrance to New High Court claims in 2021
Solomonic analysis concludes, despite challenges presented by the pandemic, new claim activity in the High Court finished almost on a par with 2020.