Are you planning to buy a Latin-American Company without knowing the litigation liability?
How does your local legal department is performing with their cases? It is an industry standard?
How is it your Litigation Exposure over time in latin america?
Some statistics about Latin America:
• the probability to win a labor case is 10 % for any company
• for every ten employees there is a labor claim.
• the average time of a verdict case is 3 years.
• the average amount claimed per case it is 0,5 million.
About Latin America
Latin America has an estimated of 600 million habitants and more than 200 million cases distributed in 9800 different Courthouses in a 8,579,962 mi² area. Almost all Latin American cases are written and offline. For those in the legal business, accessing and following case information can be a painstaking, costly and a inefficient process. Professionals seeking to access their cases must physically travel to district courts, only to face disorganized bureaucratic systems and long waiting lines.
ABOUT LITIGATION REPORTS.
LITIGATION REPORT solves this lack of transparency within the legal industry creating the litigation report, a complete report of the judicial liability of a company. LITIGATION REPORT is a one-paper solution of the amount of active cases a company has in each country or province of Latin America. LITIGATION REPORT comes from the analysis of our LITISNET search engine that is the first Latin American litigation network that has a search engine for cases in the region and gives you a complete report of the judicial liability status of any company.
ABOUT LITIGATION BENCHMARK.
LITIGATION BENCHMARK recompiles all the litigation data from different companies on your industry, per country, and puts your litigation report into perspective. Divided by matters, years, and even lawyers you can track maximum and minimum litigation exposure over time, determine the trends on your company according to industry behavior, and establish the appropriate course of actions to reduce risks.
By Guest Blogger: Conexiones.com
